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

question 7

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.

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Definitions:

Triplets

A group of three closely related individuals or items, often referring to three siblings born at the same time.

Automobile Dealer

A business entity that sells new or used cars at the retail level, typically based on a dealership contract with an automaker.

Prospect's Meaning

The understanding or interpretation a prospective buyer has of a product, service, or message conveyed by the salesperson.

Redirect Question

A question that guides the prospect back to selling points that both parties agree on.