World Wide Web Essay, Research Paper
Probability and Statisticss
This study is an analysis and rating of the statistical design undertaking entitled & # 8220 ; The Impact of The World Wide Web on Individual investors and Electronic Stock Trading & # 8221 ; by Stan lim.
A. Purpose of survey
The intent of the survey was to analyse and measure the impact of the Internet and the World Wide Web on single investors and their trading activities. The aims is to find any demographic forms in the use of the Internet engineering by single investors, place any tendencies and penchants in types of services and tools used by Internet-savvy investors, discovered the benefits sought and chief grounds why investors use the Internet, evaluate the general sentiments about the comparative popularity and hereafter of Internet-based stock trading and digital exchanges, place some of the concerns about utilizing the Internet.
B. Sampling Design
The original research undertaking was conducted in August 1996 and updated in March 1997, December 1997, and December 1998. The fist study clip was conducted for one hebdomad in August of 1996 to intelligence groups and e-mail lists with entire response of 74 people.
The 2nd study in March of 1997 was 10 hebdomads in length, to intelligence groups, electronic mails, and web-postings with a entire response of 174 people.
The 3rd study in December 1997 was 40 hebdomads in length, to posters on the web and assorted links with a entire response of 166 people.
The Forth study was conducted for 53 hebdomads in length and ended on December 1998, the audience for this study was web-postings and links, with a entire response of 121 people.
The initial study had a really short study period and a really little sample of responses of which lead to sampling mistakes. The other updated studies expanded the study clip and had more responses to the study. The Audiences were changed in 2nd, 3rd, and 4th studies from the first study audiences.
The range audiences seem to be really narrow and might be targeted toward people who already invest in stock market and those who presently use the Internet to put.
C. Graphical Representation
Each of the four studies in the Demographic Area were represented. The females in all the studies seemed to be under represented. The age groups of the audiences are acquiring younger and more equally distributed with each studies that was updated. The old ages of trading on the Internet is traveling down with each study conducted.
The Technology Usage classs appears to be similar throughout all four studies. In
the December 1998 study, phone trading went down, the modem trades were comparatively the same throughout the four studies. The World Wide Web Investment Related Applications continued to diminish throughout the four studies.
The grounds for utilizing the World Wide Web appears to be consistent throughout all four studies. Continued use of the World Wide Web appears to be comparatively the same throughout the four studies. Making more money utilizing the World Wide Web continue to be more equally distributed over the three classs in the most recent study.
The Preferences Category indicates the preferable method of trading continues to be on the World Wide Web throughout all four studies. The preferable beginning of information continues to be the World Wide Web and the utilizing trade agent continues to be less.
The Crystal Ball class indicates that digital trading will increase, electronic trading will be more popular in the hereafter, and a digital stock exchange appears to be more popular than traditional stock markets.
D. Interpretation
The first study indicated that the chief ground why people use the World Wide Web is for the convenience, but the bulk of the users were long clip bargainers. They indicated an involvement in electronic trading, but may believe security may be an issue.
The 2nd study indicated that more new people are utilizing the Internet for trading and real-time stocks quotation marks are going more popular. Convenience and the seasonableness are still of import grounds for utilizing the World Wide Web.
The 3rd study indicates more and more new bargainers utilizing the Internet. The three chief grounds for the addition usage of the World Wide Web are seasonableness of informations, entree to intelligence and once more convenience.
The 4th study consequences indicate an addition in new bargainers utilizing the World Wide Web. The chief grounds for utilizing the World Wide Web continue to be seasonableness of informations, entree to intelligence and convenience.
The four studies continued to reaffirm that the users of the World Wide Web continues to utilize the Internet because of the seasonableness of informations, entree to intelligence and convenience. The age of users continually go down. One job with the study consequences appears that no effort was made to study people that presently do non utilize the Internet. The sample size of adult females was little in all studies. Is age of the Internet user traveling down because there are more computing machines, concern and schools holding entree to and utilizing the World Wide Web? Is the usage of the World Wide Web trading do to fact that the economic system is flourishing and more people are working? These thoughts need to be explored farther.
