In mass appraisal the quality and accuracy of assessed values in relation to the reality of the market as expressed by arm’s length sales requires close attention. Appraisal level and appraisal uniformity are two test that are relied upon by assessment jurisdictions to measure the effectiveness of their results. This webinar will take a closer look at assessment to sale ratios, measures of central tendencies and graphic analysis assessors and modelers use to better understand and measure the accuracy of predicted values. The webinar will also look at appraisal uniformity testing within grouping and between groupings, horizontal and vertical equity, how to read various statistical measures and other measures and tools to help in the overall ratio review.
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