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.
Correct Answer:
Verified
Q19: If you are comparing the mean sales
Q20: An airline wants to select a computer
Q21: SCENARIO 11-3
As part of an evaluation program,a
Q22: SCENARIO 11-3
As part of an evaluation program,a
Q23: SCENARIO 11-2
A realtor wants to compare the
Q25: SCENARIO 11-2
A realtor wants to compare the
Q26: SCENARIO 11-3
As part of an evaluation program,a
Q27: SCENARIO 11-3
As part of an evaluation program,a
Q28: SCENARIO 11-2
A realtor wants to compare the
Q29: SCENARIO 11-3
As part of an evaluation program,a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents