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Confidence Intervals and the Evaluation of Regression Based Appraisal Models

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  • Robert J. Gloudemans

Abstract

Perhaps the most important technical development in assessment administration in recent years has been the application of multiple regression analysis. The technique offers an effective means of reappraising the large majority of single family residences each year or so at low costs per parcel. This paper addresses the issue of how to evaluate properly the accuracy or reliability of such models.

Suggested Citation

  • Robert J. Gloudemans, 1979. "Confidence Intervals and the Evaluation of Regression Based Appraisal Models," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 7(1), pages 131-135, March.
  • Handle: RePEc:bla:reesec:v:7:y:1979:i:1:p:131-135
    DOI: 10.1111/1540-6229.00200
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