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A Local Real Estate Appraiser Analyzed the Sales Prices of Homes

Question 87

Multiple Choice

A local real estate appraiser analyzed the sales prices of homes in 2 neighborhoods to the corresponding appraised values of the homes. The goal of the analysis was to compare the distribution of sale-to-appraised ratios from homes in the 2 neighborhoods. Random and independent samples were selected from the 2 neighborhoods from last year's homes sales, 8 from each of the 2 neighborhoods. Identify the nonparametric method that would be used to analyze the data.


A) χ2-test for the differences among more than two proportions
B) McNemar test for the difference between two proportions
C) the Wilcoxon Rank Sum Test, using the test statistic T1
D) the Wilcoxon Rank Sum Test, using the test statistic Z

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