A Realtor Wants to Compare the Variability of Sales-To-Appraisal Ratios

question 175

Multiple Choice

A realtor wants to compare the variability of 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 were collected. Which of the following tests will
Be the most appropriate?

• A) Kruskal-Wallis rank Test.
• B) Tukey-Kramer multiple comparisons procedure for one-way ANOVA.
• C) Levene's test.
• D) Wilcoxon rank sum test.

Differentiate between mistakes in contract terms and how they affect contract enforceability.

Recognize the elements required to establish a case of fraud, including reliance and misrepresentation.

Understand the role of physical compulsion and improper threats as forms of duress in contract law.

Understand and identify various forms of misrepresentations and their requirements for relief.