The Market Method or Direct Sales Comparison Method of Estimating

question 1

True/False

The market method or direct sales comparison method of estimating site value is not the most reliable method available.

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Definitions:

Measuring

The process of determining the size, quantity, or degree of something using instruments or tools designed for such purposes.

Correlation Coefficients

Statistical measures that indicate the extent to which two variables fluctuate together, showing the strength and direction of their relationship.

Statistics

The science of collecting, analyzing, interpreting, presenting, and organizing data.

Numbers

Quantitative data or values used to measure, evaluate, or compare aspects of a business or its operations.