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?
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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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

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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