Choose the One Most Appropriate Answer for Each

question 32

Multiple Choice

Choose the one most appropriate answer for each.
-a method of valuing property based on the prices of recent sales of similar properties

• A)adjustments
• B)appraisal
• C)buyer's market
• D)capitalize
• E)comparables
• F)cost approach
• G)curable depreciation
• H)depreciation
• I)functional obsolescence
• J)gross rent multiplier (GRM)
• K)highest and best use
• L)income approach
• M)incurable depreciation
• N)market approach
• O)net operating income (NOI)
• P)operating expenses
• Q)physical deterioration
• R)reproduction cost
• S)scheduled gross income
• T)subject property

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Definitions:

Categorical Independent Variable

An independent variable with categorical data.

Dependent Variable

A variable in an experiment or study whose changes depend on the manipulation of the independent variables.

Logistic Regression

A statistical method for analyzing datasets in which there are one or more independent variables that determine an outcome. The outcome is measured with a dichotomous variable (in which there are only two possible outcomes).

Dependent Variable

In statistical modeling, this is the variable whose variation is being studied to see if it can be predicted or explained by variation in other variables.