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Let Statistics Work for You!
With increasing pressure on appraisers to support their opinions of value and new educational criteria requiring demonstrated proficiency in basic statistics, it's imperative that appraisers learn more about statistics and modeling. Inside An Introduction to Statistics for Appraisers, author Marvin L. Wolverton, PhD, MAI, discusses ways to perform statistical analyses that will impress the most demanding clients.
This text, written specifically for appraisers, includes:
A review of essential mathematical skills
Advice on illustrating data graphically
Instruction on the concept of probability and its application in statistical analysis
Sophisticated tools for testing research and assessing the validity and reliability of data samples
Information on statistical model building using simple and multiple linear regression
Sample townhouse case study data set
Download the Sample townhouse case study data set
About the Author
Marvin L. Wolverton, PhD, MAI, is a practicing real property valuation theorist and consultant currently employed as a Senior Director in the national Dispute Analysis and Litigation Support practice at Cushman & Wakefield, where he engages in litigation consulting and expert witness services. Dr. Wolverton is also an emeritus professor, and the former Alvin Wolff Distinguished Professor of Real Estate, at Washington State University. He is a state-certified general appraiser and has been a member of the Appraisal Institute since 1985. Dr. Wolverton is a current member of the Appraisal Journal Review Panel. He has edited and written books and chapters of books on valuation theory and specialized appraisal topics, and he teaches appraisal courses on behalf of the Appraisal Institute.