The Election to Use ADS Is Made on a Year-By-Year,property-Class

question 61

True/False

The election to use ADS is made on a year-by-year,property-class by property-class basis for real and personal property.

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Definitions:

SRS

An acronym for Simple Random Sampling, a statistical method where each member of a population has an equal probability of being included in the sample.

Null Hypothesis

A statement or assumption that there is no effect or no difference, used as a starting point for statistical significance testing.

Significance Test

A statistical method used to determine if there is a significant difference between groups or conditions, typically by comparing p-values to predefined significance levels.

Outliers

Observations in a dataset that are significantly different from the other data points, often indicating measurement error, variability in measurement, or a novel discovery.