TABLE 11-3 a Realtor Wants to Compare the Average Sales-To-Appraisal Ratios of Ratios

Multiple Choice

TABLE 11-3
A realtor wants to compare the average sales-to-appraisal ratios of residential properties sold in four neighborhoods (A, B, C, and D) . Four properties are randomly selected from each neighborhood and the ratios recorded for each, as shown below.
Interpret the results of the analysis summarized in the following table:
A) 3.
B) 4.
C) 12.
D) 16.
Answer:
A
Diff: 1
-Referring to Table 11-3, what should be the conclusion for the Levene's test for homogeneity of variances at a 5% level of significance?

A) There is not sufficient evidence that the variances are all the same.
B) There is sufficient evidence that the variances are all the same.
C) There is not sufficient evidence that the variances are not all the same.
D) There is sufficient evidence that the variances are not all the same.