Suppose You Have Observations from Five Different Regions Within Your

question 55

Multiple Choice

Suppose you have observations from five different regions within your state and you wish to do hypothesis tests to compare the mean home value across groups. Using the Bonferroni Correction,
What significance level should you use for each hypothesis test if you want an overall significance
Of 0.05? Round to the nearest thousandth.

• A) 0.005
• B) 0.050
• C) 0.010
• D) None of these