TABLE 10-17
A realtor wants to compare the mean 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: 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 summarized in the following table:
-Referring to Table 10-17,
A) at the 0.05 level of significance, the mean ratios for the four neighborhoods are not all the same.
B) at the 0.01 level of significance, the mean ratios for the four neighborhoods are all the same.
C) at the 0.10 level of significance, the mean ratios for the four neighborhoods are not significantly different.
D) at the 0.05 level of significance, the mean ratios for the four neighborhoods are not significantly different from 0.
Correct Answer:
Verified
Q230: TABLE 10-17
A realtor wants to compare the
Q231: TABLE 10-17
A realtor wants to compare the
Q232: TABLE 10-17
A realtor wants to compare the
Q233: TABLE 10-18
As part of an evaluation program,
Q234: TABLE 10-18
As part of an evaluation program,
Q236: TABLE 10-18
As part of an evaluation program,
Q237: TABLE 10-18
As part of an evaluation program,
Q238: TABLE 10-17
A realtor wants to compare the
Q239: TABLE 10-18
As part of an evaluation program,
Q240: TABLE 10-18
As part of an evaluation program,
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