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B444 mod06 Homework Assignment 6 | Complete Solution

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Homework Assignment #6

Name: __________________________

 

The next 6 questions refer to the following scenario. A property manager is interested in exploring the relationship between the price of a residential property and the land value, home value and size value. The appraiser selects a random sample of 30 properties sold in a particular year.

What can be said about the relationship between the price and the value predictors at a 5% level of significance?

 

ANOVA

 

df

SS

MS

FSTAT

Among Values

?

74569.12

??

??

With Values

?

??

4367.79

 

Total

??

??

 

 

1)

What is the hypothesis scenario?

 

 

2)

What are the degrees of freedom for Among Values?

 

 

3)

What is the SST?

 

 

4)

What is the MSA?

 

 

 

 

5)

What is the FSTAT?

 

 

6)

What is the conclusion? Is there evidence of a mean difference in values of appraisal predicators?

 

 

 

 

 

Use the following scenario to answer the next 4 questions.  The Computer Anxiety Rating Scale (CARS) measures an individual’s level of computer anxiety, on a scale from 20 to 100.  Researchers at Miami University administered CARS to 168 business students.  One of the objectives of the study was to determine whether there are differences in the amount of computer anxiety experienced by students with different majors.  They found the following:

 

ANOVA

 

 

df

SS

MS

FSTAT

Among Majors

5

1,648

??

??

With Values

162

18,234

??

 

Total

167

19,882

 

 

 

 

Majors

n

Mean

Marketing

28

44.37

Management

28

43.18

Other

28

42.21

Finance

28

41.80

Accountancy

28

36.01

MIS

28

32.21

 

7)

What is the MSA?

 

 

8)

What is the FSTAT?

 

9)

At the 0.05 level of significance, is there evidence of a difference in the mean computer anxiety experienced by different majors?

 

10)

If the results in (9) indicate that it is appropriate, use the Tukey-Kramer procedure to determine which majors differ in mean computer anxiety.

 

 

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[Solved] B444 mod06 Homework Assignment 6 | Complete Solution

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  • Submitted On 16 Feb, 2015 10:03:27
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Among Values (Degree of Freedom)
What is the SST?
SST = SSA + SSW
    = 74569.12 + (MSW*dfW)
    = 74569.12 + (4367.79*(N-k))
    = 74569.12 + (4...

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B444 mod06 Homework Assignment 6 | Complete Solution

Among Values (Degree of Freedom)
What is the SST?
SST = SSA + SSW
    = 74569.12 + (MSW*dfW)
    = 74569.12 + (4367.79*(N-k))
    = 74569.12 + (4367.79*...

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Exper...

b444 mod02 Homework Assignment #2

d) Find the probability of randomly selecting one of the test subjects and getting someone who is in Group A and passed the exam.
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