The new 35-hour Quantitative Analysis course implements a blended learning approach, which includes a pre-class, two-hour online session combined with 30 hours of traditional classroom education and wraps up with a three-hour exam on the fifth morning.
Please review the FAQs for important information regarding registration and cancellation deadlines; mandatory diagnostic test; online session; course equivalencies. Click here.
Course Description
This course focuses on the practical application of quantitative tools for analyzing data, drawing appropriate conclusions form data sets, and presenting both the analysis and conclusions in ways that enhance communication with appraisal clients. It reviews and furthers the application of basic statistical measures (mean, median, mode, standard deviation, etc.) and spends a good deal of time on graphical and regression analysis.
Central goals of the course are showing participants how to understand the reliability and validity of data used to draw conclusions, providing the knowledge needed to support the conclusions others may draw from the same or similar datasets. Presentation and activities make extensive use of real-world appraisal applications and are aimed at furthering an appraiser’s ability to provide credible analysis of real property-related issues.
Upon completion of the course, participants will be able to:
• Properly apply and explain statistical methods such as simple and multiple regression analysis using market information • Understand and critique statistical applications • Understand how to incorporate statistical analysis in valuation reports • Understand how to evaluate the reliability of various types of data used in valuation • Understand the language of quantitative analysis • Use graphs to present data and analysis • Understand research design issues such as hypothesis construction, data reliability and validity, and sampling issues
Required Textbook: An Introduction to Statistics for Appraisers
• Required Textbook: An Introduction to Statistics for Appraisers• Laptops (recommend external mouse) • Spreadsheet program: Excel 2010 • Calculator • You must be familiar with basic Excel and calculator operation when the course begins. Answers to problems in course material are shown using Excel 2010. Do not come to class expecting to be taught how to use Excel.
Note to Mac users: Microsoft does not support the Data Analysis Tool Pack in Mac Office Excel 2008 or Mac Office Excel 2011. However, they do suggest free third-party add-ins with similar functionality.
For more information, see 2008: http://answers.microsoft.com/en-us/mac/forum/macoffice2008-macexcel/what-happened-to-the-data-analysis-toolpak-or/7a9e9491-cb73-4496-ac06-3ada487c719a
2011: http://answers.microsoft.com/en-us/mac/forum/macoffice2011-macexcel/what-happened-to-the-data-analysis-toolpak-or/740ff33a-6ed9-4553-bc09-5cef06ce5f23
Recommended:
Participants must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.
Cancellations/Refunds: Requests for cancellations must be received in writing at the Chapter office. Confirmed students should not assume that cancellation has been granted until a confirmation has been received. Please be sure to read "Cancellation Policy".
Course Attendance: 100% attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements.
ADA Policy: If you have a disability and may require special accommodations, please notify the chapter office at least two weeks in advance and we will arrange for reasonable accommodations.
Hotels in area: Country Inn & Suites, 1241 Kentucky Mills Dr. Louisville, KY (502) 261-9434 (Bluegrass Chapter rate $69.99/night);
Jameson Inn, 1301 Kentucky Mills Dr., Louisville, KY 40299, (502) 267-8100;
Fairfield Inn, 1220 Kentucky Mills Dr, Louisville, KY (502) 240-6171 (Bluegrass Chapter rate $85/night)
Microtel, 1221 Kentucky Mills Dr, Louisville, KY (502) 266-6590
Holiday Inn Express, 1620 Alliant Ave., Louisville, KY (502) 240-0035;
Hilton Garden Inn, 1530 Alliant Ave, Louisville, KY (502) 297-8066;
Hampton Inn, 1451 Alliant Ave. Louisville, KY (502)809-9901;
LaQuinta Inn,1501 Alliant Avenue, Louisville, KY (502) 267-8889;
Candlewood Suites, 11762 Commonwealth, Louisville, KY (502) 261-0085;
Sleep Inn, 1850 Priority Way, Louisville, KY, (502) 266-6776
