Intro to Basic General Statistics

This 8-hour continuing education course highlights core considerations of identifying the process by which appraisers analyze comparable sales, rental, and discount rate/OAR data – via the use of basic general statistics.  The Case Studies augment this process by making the appraisers think "out of the box" about the residential appraisal statistical issues in the case studies.  This is a hands-on curriculum requiring interactive participation throughout the entire eight (8) hours of the classroom experience. 

 This course: 

• Provides methodical step by step instructions so the appraiser can learn, not only which questions to ask relative to the analyses of a comparable property, but use those questions and the answers in the class to deduce market-based answers to the questions;
• Offers examples along with recognized techniques for conducting varied regression analyses relative to analyzing comparable sales;
• Contains methods on recognizing market and marketability characteristics, identifying and concluding what are and are not comparable sales, thus which sales to use (or not use) as part of the statistical analyses in any residential appraisal report;
• Guides the appraiser through a deductive process to arrive at a market-supported indication of value, then to be subject to the appraiser’s experience and training.

Lunch is included.

Course approval number CE.0009049-A