100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
IAAO 300 Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution $7.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. All Summer Modules Studies 2024
  4.  
  5. All Summer Modules Studies 2024
  6.  
  7. All summer modules studies 2024

Exam (elaborations)

IAAO 300 Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

1 review
 5 views  0 purchase
  • Course
  • All summer modules studies 2024
  • Institution
  • All Summer Modules Studies 2024

IAAO 300 Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

Preview 2 out of 8  pages

Document information

  • June 19, 2024
  • 8
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • iaao 300 questions with 100 actual correct answer

Written for

  • All summer modules studies 2024
  • all summer modules studies 2024
  • All summer modules studies 2024
All documents for this subject (274)

1  review

review-writer-avatar

By: EXAMQA • 3 months ago

Seller

avatar-seller
Hkane

Reviews received

Content preview

IAAO 300
7- ✅✅-How many steps are in the general appraisal process?
95-mean - ✅✅-When data is normally distributed, _________ percent will be
within two standard deviations of the _________

a. additive

✅✅-The three basic types of mass appraisal model
b. multiplicative
c. hybrid (generic) -
structures area:

a. building type

✅✅
b. location
c. age or condition - -List three factors that should be considered when
stratifying properties or specifying models for the development of GIMs and
OARs

a. cluster analysis

✅✅
b. global model with location adjustments
c. geographical stratification - -The three approaches to stratification and
location analysis are:

a. Data collection and maintenance
b. Exploratory data analysis

✅✅-The four components
c. Model development
d. Model application, review, and reconciliation -
of the mass appraisal system are:

a. Identify the problem to be solved
b. Determine and perform the scope of work necessary to develop credible

✅✅
assignment results
c. Disclose the scope of work in the report - -The scope of work rule
three parts and they are:

adaptive estimation procedure - ✅✅ -The trial and error process for
quantifying the relationship between dependent (sale price) and independent
variables (property characteristics) is the _________

, additive -✅✅-MVs = Bo = (b1 x X1) + (b2 x X2) + (b3 x X3) is known as the
_________ model

appeal - ✅✅ -Property owners may dispute their value, and this is part of the
appeal system

array -✅✅ -The listing of data in order of magnitude (either ascending or
descending) is termed a/an

assessment system, appeal system, and collection system - ✅✅-The three
components of a Property Tax System are the

binary -✅✅ -_________ data is qualitative items that have only two
possibilities, for example yes or no

Both single-property and mass appraisal - ✅✅ -_________ are exercises in
applied economic analysis and require the use of logical, systematic methods
for the collecting, analyzing and processing of data to produce supportive,
well-documented value estimates

boundaries, physical - ✅✅
-When geographically stratifying properties,
_________ should be drawn to correspond with _________ or political
boundaries

breakdowns - ✅✅ -_________ compare statistics (usually measures of
central tendency) by strata for example average sale price by neighborhood

central tendency, dispersion - ✅✅ -in the development of GIMs, the appraiser
should first stratify the properties and then compute measures of _________
and _________ for each stratum.

classroom, field - ✅✅-data collectors should have both _______ and
______ training

cluster analysis - ✅✅-A technique that can be used to group similar
subdivisions into neighborhoods

coefficient, variation -✅✅ -The _________ of _________ expresses the
standard deviation as a percentage of the mean

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Hkane. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

73314 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.99
  • (1)
  Add to cart