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IAAO 311 2024 UPDATE COMPLETE QUESTIONS AND ANSWERS GRADED A+ GET IT 100% RIGHT ALL PASSED,,,Alpha $18.99   Add to cart

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IAAO 311 2024 UPDATE COMPLETE QUESTIONS AND ANSWERS GRADED A+ GET IT 100% RIGHT ALL PASSED,,,Alpha

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  • IAAO 311

IAAO 311 2024 UPDATE COMPLETE QUESTIONS AND ANSWERS GRADED A+ GET IT 100% RIGHT ALL PASSED,,,Alpha

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  • June 1, 2024
  • 35
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • IAAO 311
  • IAAO 311

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By: TheAlphanurse • 4 months ago

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MEGAMINDS
IAAO 311 2024 UPDATE COMPLETE QUESTIONS AND
ANSWERS GRADED A+ GET IT 100% RIGHT ALL
PASSED
Mass appraisal is the systematic appraisal of groups of properties as of
a given date using - (correct answer) standardized procedures and
statistical testing


What characteristics does a mass appraisal require? - (correct answer)
valuation tables, schedules, and models


Economic, social, and environmental are termed? - (correct answer)
market analysis data


Off site features and improvement data are termed? - (correct
answer) property analysis data


Selecting appropriate valuation approaches and specifying the variables
to be used is called? - (correct answer) model specification


Developing adjustment weights from measurable supply and demand
factors, including quantitative and qualitative factors is called? -
(correct answer) model calibration


Valuation in exchange is determined by the interaction of? - (correct
answer) supply and demand

,Value in exchange is? - (correct answer) market value


A b0 is what? - (correct answer) constant


b is what? - (correct answer) coefficient


x is what? - (correct answer) variable


What kind of model is a combination of multiplicative and additive? -
(correct answer) hybrid (generic) model


4 categories of market data are? - (correct answer) PEGS,
Physical/Environmental, Economic, Governmental, Social


Building codes, planning, and zones are considered (blank) forces? -
(correct answer) Government


What is the most effective yet expensive way to collect data? -
(correct answer) personal interviews


PGI is based on what? - (correct answer) market rent

,What kind of lease does owner pay expenses? - (correct answer)
gross


What kind of lease does tenant pay expenses? - (correct answer) net


(blank) data is also known as discrete data as it relates to features or
attributes of a property. - (correct answer) qualitative


(blank) data is also known as continuous data and is based on
measuring or counting. - (correct answer) quantitative


A (blank) transformation converts a discrete variable to relative values
or numerical ratings. - (correct answer) scalar


IAAO recommends properties to be re-inspected every (blank) years. -
(correct answer) 6 years


Scalar transformation convert discrete data to? - (correct answer)
numerical ratings


Scalar variables center on "?" in additive models. - (correct answer)
zero

, Scalar variables center on "?" in multiplicative models. - (correct
answer) one


A (blank) helps evaluate what data to collect and the best way to collect
them. - (correct answer) pilot study


What is the formula for percentiles? - (correct answer) k=(p)(n)+p


k = - (correct answer) rank


p = - (correct answer) percentile


n = - (correct answer) sample


How many steps in appraisal process? - (correct answer) 7


What is the first step in the appraisal process? - (correct answer)
Define the problem


What is the second step in the appraisal process? - (correct answer)
determine scope of work

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