TABLE 11-2 a Realtor Wants to Compare the Mean Sales-To-Appraisal Ratios of Ratios

question 125

Multiple Choice

TABLE 11-2
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:
Source df SS MS F PR > F
Neighborhoods 3.1819 1.0606 10.76 0.001
Error 12
Total 4.3644
-Referring to Table 11-2, 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.

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Definitions:

Revivalism

A movement aimed at reawakening interest in or revitalizing certain beliefs, values, or practices, often within a religious context.

Traditional Gender Norms

Societal beliefs and expectations about appropriate roles, behaviors, activities, and attributes for men and women based on their sex.

New Lights

Refers to supporters of the religious revival during the First Great Awakening in the American colonies, who sought a more personal and emotional connection to religion.

Old Lights

A term used during the First Great Awakening in the American colonies to refer to traditionalist Protestant ministers and congregations who opposed the emotionalism of the revivalists.