A realtor wants to compare the average 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: C:
B: D:
Interpret the results of the analysis summarized in the following table:
-Referring to Table 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 larger than the level of significance.
B) Do not eject the null hypothesis because the p-value is smaller than the level of significance.
C) 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
Q31: TABLE 11-6
As part of an evaluation
Q32: TABLE 11-4
A campus researcher wanted
Q33: TABLE 11-4
A campus researcher wanted
Q34:
Q35: The degrees of freedom for the F
Q37: TABLE 11-4
A campus researcher wanted
Q38:
Q39: TABLE 11-8
A hotel chain
Q40: The F test statistic in a one-way
Q41: TABLE 11-6
As part of an evaluation
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