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TABLE 11-3
a Realtor Wants to Compare the Average Sales-To-Appraisal 1.2,1.1,0.9,0.4 \quad 1.2,1.1,0.9,0.4 \quad\quad

Question 92

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.
A: 1.2,1.1,0.9,0.4 \quad 1.2,1.1,0.9,0.4 \quad\quad C: 1.0,1.5,1.1,1.3 \quad 1.0,1.5,1.1,1.3
B: 2.5,2.1,1.9,1.6 \quad2.5,2.1,1.9,1.6 \quad\quad D: 0.8,1.3,1.1,0.7\quad 0.8,1.3,1.1,0.7
Interpret the results of the analysis summarized in the following table:
 Source  df  SS  MS  F  PR > F  Neighborhoods 3.18191.060610.760.001 Error 12 Total 4.3644\begin{array}{llllll}\text { Source } & \text { df } & \text { SS } & \text { MS } & \text { F } & \text { PR }>\text { F } \\\hline \text { Neighborhoods } & & 3.1819 & & & \\& 1.0606 & 10.76 & 0.001 & & \\\text { Error } & 12 & & & & \\\hline \text { Total } & & 4.3644 & & & \\\hline\end{array}

-Referring to Table 11-3,


A) at the 0.05 level of significance, the mean ratios for the 4 neighborhoods are not all the same.
B) at the 0.10 level of significance, the mean ratios for the 4 neighborhoods are not significantly different.
C) at the 0.01 level of significance, the mean ratios for the 4 neighborhoods are all the same.
D) at the 0.05 level of significance, the mean ratios for the 4 neighborhoods are not significantly different from 0.

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