TABLE 11-3 a Realtor Wants to Compare the Average Sales-To-Appraisal Ratios of Ratios

question 76

Multiple Choice

TABLE 11-3
A realtor wants to compare the average 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.
Interpret the results of the analysis summarized in the following table:
A) 3.
B) 4.
C) 12.
D) 16.
Answer:
A
Diff: 1
-Referring to Table 11-3, the within group sum of squares is

• A) 1.0606.
• B) 1.1825.
• C) 3.1819.
• D) 4.3644.

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Definitions:

Egocentrism

A cognitive trait where an individual is unable to differentiate between their own perspective and that of others, often observed in children.

Abstract Thought

Abstract thought is the ability to think about objects, principles, and ideas that are not physically present, involving complex processes such as problem-solving and theorizing.

Centration

A cognitive limitation in early childhood, where a child focuses only on one aspect of a situation and ignores other relevant aspects.

Animism

The belief that objects, places, and creatures all possess a distinct spiritual essence or soul.