Solved

SCENARIO 11-2 a Realtor Wants to Compare the Mean Sales-To-Appraisal Ratios of Ratios

Question 41

Multiple Choice

SCENARIO 11-2
A realtor wants to compare the mean 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
C: 1.0,1.5,1.1,1.3
B: 2.5,2.1,1.9,1.6
D: 0.8,1.3,1.1,0.7
Interpret the results of the analysis summarized in the following table: SCENARIO 11-2 A realtor wants to compare the mean 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  C: 1.0,1.5,1.1,1.3 B: 2.5,2.1,1.9,1.6  D: 0.8,1.3,1.1,0.7 Interpret the results of the analysis summarized in the following table:   -Referring to Scenario 11-2,the value of the test statistic for Levene's test for homogeneity of variances is A) 0.25 B) 0.37 C) 4.36 D) 10.76
-Referring to Scenario 11-2,the value of the test statistic for Levene's test for homogeneity of variances is


A) 0.25
B) 0.37
C) 4.36
D) 10.76

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions