Examlex

Solved

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

question 200

Multiple Choice

TABLE 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:
Source df SS MS F PR > F
Neighborhoods 3.1819 1.0606 10.76 0.001
Error 12
Total 4.3644
-Referring to Table 11-2, the numerator and denominator degrees of freedom for Levene's test for homogeneity of variances at a 5% level of significance are, respectively,


Definitions:

Triclosan

An antimicrobial and antifungal agent found in some consumer products, including toothpaste and hand sanitizer, which has raised health and environmental concerns.

Antibacterial Agent

A substance that kills or inhibits the growth of bacteria, widely used in healthcare products, cleaning supplies, and personal care items.

Derived Demand

The demand for a product or service that arises from the demand for another product or service. For example, the demand for steel is derived from the demand for cars.

Airbus

A European multinational aerospace corporation that designs, manufactures, and sells civil and military aeronautical products worldwide.

Related Questions