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Real estate market cycles are commonly divided into four phases, Recovery (1), Expansion (II), Hypersupply (III), and Recession (IV). For each market cycle, office rental growth rates were measured for a sample of five real estate markets. These data (in percentages) are shown in the table. Compare the distributions of the four phases, using an appropriate nonparametric test at a = 0.05. What can you infer about the four phases?

Real estate market cycles are commonly divided into four phases, Recovery (1), Expansion (II), Hypersupply (III), and Recession (IV). For each market cycle, office rental growth rates were measured for a sample of five real estate markets. These data (in percentages) are shown in the table. Compare the distributions of the four phases, using an appropriate nonparametric test at a = 0.05. What can you infer about the four phases?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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Real estate market cycles are commonly divided into four phases, Recovery (1), Expansion (II), Hypersupply (III), and Recession (IV). For each market cycle, office rental growth rates were measured for a sample of five real estate markets. These data (in percentages) are shown in the table. Compare the distributions of the four phases, using an appropriate nonparametric test at a = 0.05. What can you infer about the four phases? II III IV - 1.7 - 2.1 10.1 11.5 5.4 10.7 12.2 11.8 6.3 10.9 2.8 6.3 - 1.7 - 10.4 1.2 11.3 7.1 1.8 9.6 4.8
Transcribed Image Text:Real estate market cycles are commonly divided into four phases, Recovery (1), Expansion (II), Hypersupply (III), and Recession (IV). For each market cycle, office rental growth rates were measured for a sample of five real estate markets. These data (in percentages) are shown in the table. Compare the distributions of the four phases, using an appropriate nonparametric test at a = 0.05. What can you infer about the four phases? II III IV - 1.7 - 2.1 10.1 11.5 5.4 10.7 12.2 11.8 6.3 10.9 2.8 6.3 - 1.7 - 10.4 1.2 11.3 7.1 1.8 9.6 4.8
H= 11.89 (Round to two decimal places as needed.) Give the rejection region for the test at a = 0.05. Choose the correct answer below and fill in the answer box(es) to complete your choice. (Round to two decimal places as needed.) CA. H> 7.81 В. Н< c. H< or H>
Transcribed Image Text:H= 11.89 (Round to two decimal places as needed.) Give the rejection region for the test at a = 0.05. Choose the correct answer below and fill in the answer box(es) to complete your choice. (Round to two decimal places as needed.) CA. H> 7.81 В. Н< c. H< or H>
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