Solved

A Local Real Estate Appraiser Analyzed the Sales Prices of Homes

Question 126

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) 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)    -test for the differences between two proportions B)    -test for the differences among more than two proportions C)    -test for independence D) the Wilcoxon Rank Sum Test, using the test statistic T1 -test for the differences between two proportions
B) 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)    -test for the differences between two proportions B)    -test for the differences among more than two proportions C)    -test for independence D) the Wilcoxon Rank Sum Test, using the test statistic T1 -test for the differences among more than two proportions
C) 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)    -test for the differences between two proportions B)    -test for the differences among more than two proportions C)    -test for independence D) the Wilcoxon Rank Sum Test, using the test statistic T1 -test for independence
D) the Wilcoxon Rank Sum Test, using the test statistic T1

Correct Answer:

verifed

Verified

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

Related Questions