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

question 142

Multiple Choice

SCENARIO 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:
-Referring to Scenario 11-2,the within group mean squares is

• A)0.0985
• B)0.2910
• C)1.0606
• D)1.1825

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Definitions:

Bottom-up Processing

An approach to information processing that starts with details or sensory data and builds up to a comprehensive perception.

Sensory Receptors

Specialized cells or nerve endings that respond to environmental stimuli, such as light, sound, touch, or chemicals, and convert them into neural impulses.

Umami

One of the five basic tastes, characterized by a savory or meaty flavor, often associated with glutamates.

Meaty Taste

Often referred to as "umami," it is one of the five basic tastes, characterized by a savory or brothy flavor commonly found in cooked meats, mushrooms, and some vegetables.