Solved

TABLE 10-17 a Realtor Wants to Compare the Mean Sales-To-Appraisal Ratios of Ratios

Question 238

Multiple Choice

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:
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, the value of the test statistic for Levene's test for homogeneity of variances is ________. A)  0.25 B)  0.37 C)  4.36 D)  10.76
-Referring to Table 10-17, the value of the test statistic for Levene's test for homogeneity of variances is ________.


A) 0.25
B) 0.37
C) 4.36
D) 10.76

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents