Instruction 11-3
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 11-3,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
Q22: Instruction 11-3
A realtor wants to compare
Q23: Instruction 11-3
A realtor wants to compare
Q24: Instruction 11-3
A realtor wants to compare
Q25: Instruction 11-3
A realtor wants to compare
Q26: Instruction 11-6
As part of an evaluation
Q28: Instruction 11-2
An airline wants to select
Q29: Instruction 11-3
A realtor wants to compare
Q30: Instruction 11-2
An airline wants to select
Q31: Instruction 11-6
As part of an evaluation
Q32: Instruction 11-6
As part of an evaluation
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