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A Mechanical Combination of Data Yields Better Results Than a Judgmental

question 57

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A mechanical combination of data yields better results than a judgmental combination for making selection decisions.


Definitions:

Caveat Emptor

A Latin phrase meaning "let the buyer beware," indicating that the buyer takes the risk regarding the quality and condition of the product.

Marketable Title

A title to real property that is free from significant encumbrances or defects, and thus can be sold or transferred easily to another party.

Liens

Legal claims or rights against property that secure the payment of a debt or the discharge of an obligation to the property’s owner.

Conditional Estate

A type of property ownership that is subject to certain conditions or events, which, if not met or occur, can alter or terminate the estate.

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