A real estate agency, located in a metropolitan area in the northeastern U.S., kept data on the various types of properties purchased in the area.Historically, 15% of purchases
Were for condominiums, 30% were for townhouses, 40% for single family homes, 10%
For commercial properties and 5% for land.With changing demographics, the agency
Wondered if the current distribution matches the historical distribution.Recent data
Showed the following: The value of the chi-square test statistic is
A) $ \chi^{2}=5.993 $
B) $ \chi^{2}=62.538 $
C) $ \chi^{2}=101.482 $
D) $ \chi^{2}=77.431 $
E) $ \chi^{2}=8.101 $

Question

A real estate agency, located in a metropolitan area in the northeastern U.S., kept data on the various types of properties purchased in the area.Historically, 15% of purchases
Were for condominiums, 30% were for townhouses, 40% for single family homes, 10%
For commercial properties and 5% for land.With changing demographics, the agency
Wondered if the current distribution matches the historical distribution.Recent data
Showed the following:  The value of the chi-square test statistic is 
A) $ \chi^{2}=5.993 $ 
B) $ \chi^{2}=62.538 $ 
C) $ \chi^{2}=101.482 $ 
D) $ \chi^{2}=77.431 $ 
E) $ \chi^{2}=8.101 $

Quizplus · Accepted Answer

The Answer of A real estate agency, located in a metropolitan area in the northeastern U.S., kept data on the various types of properties purchased in the area.Historically, 15% of purchases
Were for condominiums, 30% were for townhouses, 40% for single family homes, 10%
For commercial properties and 5% for land.With changing demographics, the agency
Wondered if the current distribution matches the historical distribution.Recent data
Showed the following:  The value of the chi-square test statistic is 
A) $ \chi^{2}=5.993 $ 
B) $ \chi^{2}=62.538 $ 
C) $ \chi^{2}=101.482 $ 
D) $ \chi^{2}=77.431 $ 
E) $ \chi^{2}=8.101 $

A Real Estate Agency, Located in a Metropolitan Area in the Northeastern