Iaao 311 test - Study guides, Class notes & Summaries

TEST REVIEW IAAO 311|SOLVED&UPDATED|DOWNLOAD TO PASS

IAAO 311 Review Questions and Answers 100% Pass What is a requirement of both single-property and mass appraisal? Uses three basic approaches to value What is the first step in the mass appraisal process? definition of the problem List the three types of data that must be collected in analyzing the market. General data Specific data Comparative data Identifying supply and demand factors that best explain values in a specific market, and expressing them in an equation is called _______________...

IAAO 311 - QUIZ 1 & QUIZ 2 QUESTIONS WITH VERIFIED ANSWERS Scalar values are best centered on 1.00 in: A. Additive models B. Multiplicative models C. Hybrid models D. All of the above Correct Answer B. Multiplicative models Which of the following statistical techniques would be most appropriate for grouping similar subdivisions for modeling purposes? A. Multiple regression analysis B. Location Value Response Surface Analysis C. Adaptive estimation procedure D. Cluster analysis Corr...

What is a requirement of both single-property and mass appraisal? Uses three basic approaches to value What is the first step in the mass appraisal process? definition of the problem List the three types of data that must be collected in analyzing the market. General data Specific data Comparative data

What is a requirement of both single-property and mass appraisal? Uses three basic approaches to value What is the first step in the mass appraisal process? definition of the problem List the three types of data that must be collected in analyzing the market. General data Specific data Comparative data Identifying supply and demand factors that best explain values in a specific market, and expressing them in an equation is called ______________________________________. model spe...

IAAO 311 Exam Questions and Correct Answers Rated 100% Already Passed Mass appraisal is the systematic appraisal of groups of properties as of a given date using - Answers standardized procedures and statistical testing What characteristics does a mass appraisal require? - Answers valuation tables, schedules, and models Economic, social, and environmental are termed? - Answers market analysis data Off site features and improvement data are termed? - Answers property analysis data Selecting...

What is a requirement of both single-property and mass appraisal? Uses three basic approaches to value What is the first step in the mass appraisal process? definition of the problem List the three types of data that must be collected in analyzing the market. General data Specific data Comparative data