First National Bank employs three real estate appraisers whose job is to establish a property’s market...

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First National Bank employs three real estate appraisers whosejob is to establish a property’s market value before the bankoffers a mortgage to a prospective buyer. It is imperative thateach appraiser values a property with no bias. Suppose FirstNational Bank wishes to check the consistency of the recent valuesthat its appraisers have established. The bank asked the threeappraisers to value (in $1,000s) three different types of homes: acape, a colonial, and a ranch. The results are shown in theaccompanying table. (You mayfind it useful to reference the qtable.)
Appraiser
HouseType 1 2 3
Cape 425 415 430
Colonial 530 550 540
Ranch 390 400
380
If average values differ by house type, use Tukey’s HSD methodat the 5% significance level to determine which averages differ.(If the exact value for n_T ?c is not found in the table, use the average ofcorresponding upper & lower studentized range values. Negativevalues should be indicated by a minus sign. Round your answers to 2decimal places.)

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Here in this problem we have to do One factor ANOVA factor ishouse typeData TableAppraiserHouse type123Cape425415430Colonial530550540Ranch390400380HypothesisH0 All the means of house types are equalH2 Arleast See Answer

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	Appraiser
HouseType	1	2	3
Cape	425	415	430
Colonial	530	550	540
Ranch	390	400	380 If average values differ by house type, use Tukey’s HSD methodat the 5% significance level to determine which averages differ.(If the exact value for n_T ?c is not found in the table, use the average ofcorresponding upper & lower studentized range values. Negativevalues should be indicated by a minus sign. Round your answers to 2decimal places.)