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

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:
-Referring to Scenario 11-2, what should be the decision for the Levene's test for homogeneity of
Variances at a 5% level of significance?

A) Reject the null hypothesis because the p-value is smaller than the level of significance.
B) Reject the null hypothesis because the p-value is larger than the level of significance.
C) Do not reject the null hypothesis because the p-value is smaller than the level of
Significance.
D) Do not reject the null hypothesis because the p-value is larger than the level of
Significance.