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 ________________________ .

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 ________________________ .

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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)χ ²= 5.993 B)χ ²= 62.538 C)χ ²= 101.482 D)χ ²= 77.431 E)χ ²= 8.101

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