Examlex

Solved

SCENARIO 10-2
a Realtor Wants to Compare the Mean Sales-To-Appraisal A:1.2,1.1,0.9,0.4 \mathrm{A}: 1.2,1.1,0.9,0.4

question 124

Multiple Choice

SCENARIO 10-2
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 \mathrm{A}: 1.2,1.1,0.9,0.4 C:1.0,1.5,1.1,1.3 \quad C: 1.0,1.5,1.1,1.3
B: 2.5,2.1,1.9,1.6 2.5,2.1,1.9,1.6 D:0.8,1.3,1.1,0.7\quad \mathrm{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 3.18191.060610.760.001 Error 12 Total 4.3644\begin{array}{lcclcc}\hline \text { Source } & \text { df } & \text { SS } & \text { MS } & \text { F } & \text { PR }>\text { F } \\\hline \text { Neighborhoods } & & 3.1819 & 1.0606 & 10.76 & 0.001 \\\text { Error } & 12 & & & & \\\text { Total } & & 4.3644 & & &\end{array}
-Referring to SCENARIO 10-2, the critical value of Levene's test for homogeneity of variances at a 5% level of significance is


Definitions:

Self-Serving Principles

Cognitive biases or behaviors that lead individuals to see things in a way that benefits them personally, often at the expense of others or the truth.

Socially Acceptable

Behaviors or norms that are considered appropriate and acceptable within a society or social group.

Inverse Function

A mathematical function that reverses another function, meaning if one function takes an input and gives an output, the inverse function takes this output back to the original input.

Affected People

Individuals who are influenced or impacted by a specific event, decision, or action.

Related Questions