A Real Estate Agency, Located in a Metropolitan Area in the Northeastern

question 4

Multiple Choice

A real estate agency, located in a metropolitan area in the northeastern U.S., kept data on the various types of properties purchased in the area.Historically, 15% of purchases
Were for condominiums, 30% were for townhouses, 40% for single family homes, 10%
For commercial properties and 5% for land.With changing demographics, the agency
Wondered if the current distribution matches the historical distribution.Recent data
Showed the following: The value of the chi-square test statistic is

• A) \( \chi^{2}=5.993 \)
• B) \( \chi^{2}=62.538 \)
• C) \( \chi^{2}=101.482 \)
• D) \( \chi^{2}=77.431 \)
• E) \( \chi^{2}=8.101 \)

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