A realtor wants to compare the variability of 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 were collected. Which of the following tests will
Be the most appropriate?
A) Kruskal-Wallis rank Test.
B) Tukey-Kramer multiple comparisons procedure for one-way ANOVA.
C) Levene's test.
D) Wilcoxon rank sum test.

Question

Quizplus · Accepted Answer

Levene's test is used to assess the equality of variances (homogeneity of variance) across different groups, which is what the realtor wants to compare.

A Realtor Wants to Compare the Variability of Sales-To-Appraisal Ratios