What Is a 'Fixture

question 37

Multiple Choice

What is a 'fixture'?

• A)Something that has been or is affixed to land in order to enhance its value in some way.
• B)Any object permanently affixed to the land regardless of its impact on the value of the property.
• C)Any fitting on the land, permanent on not.
• D)An object affixed to land that has become part of the land.

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Definitions:

Standard Error of Estimate

A measure of the accuracy of predictions made with a regression line, indicating the typical distance that the observed values fall from the regression line.

Coefficient of Determination

A statistical measure represented by R-squared, indicating the proportion of the variance in the dependent variable predictable from the independent variable(s).

Unexplained Variation

The portion of the total variation in a set of data that cannot be attributed to the variables considered in a study or model.

Unbiased Estimator

A statistic used to estimate a parameter of a population that, on average, exactly equals the true parameter.