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 p-value of the test statistic for Levene's test for homogeneity of variances is ________.
A) 0.25
B) 0.64
C) 0.86
D) 3.49

Question

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 p-value of the test statistic for Levene's test for homogeneity of variances is ________.
A) 0.25 
B) 0.64 
C) 0.86 
D) 3.49

Quizplus · Accepted Answer

C) This question requires PHStat/Excel.Minitab

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