Instruction 11-3
a Realtor Wants to Compare the Average Sales-To-Appraisal

question 39

Multiple Choice

Instruction 11-3
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:
$\begin{array}{llclcl}\text { Source } & \text { df } & \text { SS } & \text { MS } & \text { F } & \text { PR }>\text { F } \\\hline \text { Neighbourhoods } && 3.1819 & 1.0606 & 10.76 & 0.001 \\\text { Error } & 12 & & & &\\total&&4.3644\end{array}$
-Referring to Instruction 11-3,the within group sum of squares is

• A)3.1819.
• B)1.0606.
• C)1.1825.
• D)4.3644.

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Business Risk

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Absolute Priority Rule

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Bankruptcy Proceeding

A legal process involving a person or business that is unable to repay outstanding debts, seeking relief through the court's protection.

Financial Leverage

The application of borrowed resources to escalate the anticipated yield of an investment.