Instruction 11-2
a Realtor Wants to Compare the Average Sales-To-Appraisal

question 42

Multiple Choice

Instruction 11-2
A realtor wants to compare the average sales-to-appraisal ratios of residential properties sold in four neighbourhoods (A, B, C, and D) . Four properties are randomly selected from each neighbourhood 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 summarised in the following table:
$$\begin{array} { | l | c | c | c | c | c | } \hline \text { Source } & \text { df } & \text { SS } & \text { MS } & \text { F } & \text { PR > F } \\\hline \text { Neighbbourhoods } & & 3.1819 & 1.0606 & 10.76 & 0.001 \\\hline \text { Error } & 12 & & & & \\\hline \text { Total } & & & & & \\\hline\end{array}$$
-Referring to Instruction 11-2,the among group degrees of freedom is

• A) 4.
• B) 16.
• C) 3.
• D) 12.

---

Definitions:

Radical Thinking

A form of thought that challenges traditional ideas and seeks profound systemic changes, often leading to innovative solutions.

Programmed Decisions

Decisions that are routine and repetitive, often made through established processes or policies.

Exploratory Innovation

The process of introducing new products or services by exploring and experimenting with novel ideas.

Radical Thinking

An approach to thinking that challenges traditional or established norms and advocates for fundamental changes or innovative solutions.