Multiple Choice
Instruction 11-2
A realtor wants to compare the average sales-to-appraisal ratios of residential properties sold in four neighbourhoods (A, B, C, and D) . Four properties are randomly selected from each neighbourhood 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 summarised in the following table:
-Referring to Instruction 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) Do not reject the null hypothesis because the p-value is smaller than the level of significance.
C) Do not reject the null hypothesis because the p-value is larger than the level of significance.
D) Reject the null hypothesis because the p-value is larger than the level of significance.
Correct Answer:

Verified
Correct Answer:
Verified
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