The Data in a Multiple Listing Service (MLS)

question 47

Multiple Choice

The data in a multiple listing service (MLS) :

• A)eliminates the need for a real estate agent.
• B)is accessible to the buyers and sellers directly.
• C)includes the entire ownership history of the listed properties.
• D)deals only with undervalued properties that are authorized by the government within a geographic location.
• E)consists of a comprehensive listing of properties for sale in a given community area.

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Definitions:

Coefficient Of Determination

A statistic used in the context of predictive models that provides a measure of how well observed outcomes are replicated by the model, based on the proportion of total variation of outcomes explained by the model.

Beaver Abundance

A measure or estimate of the number of beaver individuals or populations in a specified area.

Error Sum Of Squares

A measure in statistics that quantifies the discrepancy between the observed data and the values predicted by a model.

Extra Help Sessions

Organized meetings or classes designed to provide additional instruction or tutoring to students needing assistance beyond regular class time.