Author:
Publisher:
ISBN:
Category : Consumers
Languages : en
Pages : 0
Book Description
Response Errors in Estimating the Value of Homes
Author:
Publisher:
ISBN:
Category : Consumers
Languages : en
Pages : 0
Book Description
Publisher:
ISBN:
Category : Consumers
Languages : en
Pages : 0
Book Description
Response Errors in Estimating the Value of Homes
Author: Leslie Kish
Publisher:
ISBN:
Category : Error analysis (Mathematics)
Languages : en
Pages : 19
Book Description
In the 1950 Survey of Consumer Finances home owners were asked to estimate the market value of their houses. Estimates for these same homes were later made by professional appraisers. These two estimates for each of 568 homes comprise the data analyzed here. The proportion of discrepancies between the two estimates is great: only 37 per cent of the estimates by respondents are within plus or minus 10 per cent of the appraisers' estimates. However, the errors tend to be offsetting, and in none of the ten price classes used is the difference in the relative frequencies for owners and appraisers statistically significant. Similarly, although the root-mean-square difference between the two measurements is high (an average of $3,100), the mean of the respondents' estimates is only $350 higher than the mean of $9,200 for the appraisers' estimates. The amount of variability is found to be rather similar for several sub-populations. However, for houses worth over $10,000 the mean-square difference between the measurements is found to increase with the value of the home. In the Appendix a model is developed for the statistical investigation of the data.
Publisher:
ISBN:
Category : Error analysis (Mathematics)
Languages : en
Pages : 19
Book Description
In the 1950 Survey of Consumer Finances home owners were asked to estimate the market value of their houses. Estimates for these same homes were later made by professional appraisers. These two estimates for each of 568 homes comprise the data analyzed here. The proportion of discrepancies between the two estimates is great: only 37 per cent of the estimates by respondents are within plus or minus 10 per cent of the appraisers' estimates. However, the errors tend to be offsetting, and in none of the ten price classes used is the difference in the relative frequencies for owners and appraisers statistically significant. Similarly, although the root-mean-square difference between the two measurements is high (an average of $3,100), the mean of the respondents' estimates is only $350 higher than the mean of $9,200 for the appraisers' estimates. The amount of variability is found to be rather similar for several sub-populations. However, for houses worth over $10,000 the mean-square difference between the measurements is found to increase with the value of the home. In the Appendix a model is developed for the statistical investigation of the data.
The Accuracy of Home Owners' Estimates of House Value
Author: John L. Goodman
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 48
Book Description
Journal of the American Statistical Association
Author:
Publisher:
ISBN:
Category : Electronic journals
Languages : en
Pages : 1748
Book Description
Publisher:
ISBN:
Category : Electronic journals
Languages : en
Pages : 1748
Book Description
Current Housing Reports
Author:
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 304
Book Description
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 304
Book Description
Journal of Comparative Economics
Author: Association for Comparative Economic Studies
Publisher:
ISBN:
Category :
Languages : en
Pages : 428
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 428
Book Description
Accuracy of Data for Selected Housing Characteristics as Measured by Reinterviews
Author: United States. Bureau of the Census
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 114
Book Description
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 114
Book Description
Cost and Assessment Guide: Best Practices for Estimating and Managing Program Costs
Author: Barry Leonard
Publisher: DIANE Publishing
ISBN: 1428989013
Category : Business & Economics
Languages : en
Pages : 440
Book Description
Contents: Characteristics of Credible Cost Estimates & a Reliable Process for Creating Them; Why Cost Estimates Are Required for Gov¿t. Programs & Challenges in Developing Results; Criteria for Cost Estimating, EVM, & Data Reliability; Cost Analysis Overview; The Cost Estimate¿s Purpose, Scope, & Schedule; The Cost Assessment Team; Technical Baseline Description; Work Breakdown Structure; Ground Rules & Assumptions; Data; Developing a Point Estimate; Estimating Software Costs; Sensitivity Analysis; Cost Risk & Uncertainty; Validating the Estimate; Documenting the Estimate; Presenting the Estimate to Mgmt.; Managing Program Costs: Planning, Execution, & Updating; & Appendixes. Tables, Figures, & Checklists.
Publisher: DIANE Publishing
ISBN: 1428989013
Category : Business & Economics
Languages : en
Pages : 440
Book Description
Contents: Characteristics of Credible Cost Estimates & a Reliable Process for Creating Them; Why Cost Estimates Are Required for Gov¿t. Programs & Challenges in Developing Results; Criteria for Cost Estimating, EVM, & Data Reliability; Cost Analysis Overview; The Cost Estimate¿s Purpose, Scope, & Schedule; The Cost Assessment Team; Technical Baseline Description; Work Breakdown Structure; Ground Rules & Assumptions; Data; Developing a Point Estimate; Estimating Software Costs; Sensitivity Analysis; Cost Risk & Uncertainty; Validating the Estimate; Documenting the Estimate; Presenting the Estimate to Mgmt.; Managing Program Costs: Planning, Execution, & Updating; & Appendixes. Tables, Figures, & Checklists.
Fertility of American Women
Author:
Publisher:
ISBN:
Category : Fertility, Human
Languages : en
Pages : 72
Book Description
Publisher:
ISBN:
Category : Fertility, Human
Languages : en
Pages : 72
Book Description
Current Housing Reports
Author: Peter J. Fronczek
Publisher:
ISBN:
Category : Home ownership
Languages : en
Pages : 64
Book Description
Publisher:
ISBN:
Category : Home ownership
Languages : en
Pages : 64
Book Description