CNA141 – Fundamentals of Statistical Analysis
This 2 (two) day course instructs residential appraisers in the practice of statistics, real estate finance, and valuation modeling. The course includes basic principles and terminology along with terms of financing and realistic examples. It provides insight into the science of appraisal and shows the importance of statistics in the appraisal process.
CONTENT
• Definitions
• Sampling techniques
• Calculating range, variance, and standard deviation
• Coefficient of variance
• Understanding distribution
• Modeling, equation, and formula
• Understanding AVMs
• Monetary policy
• Interest rates and mortgage payments
- Course credit hours: 16
Course Material:
Textbook: “Statistics, Modeling & Finance”
By: Hondros Learning
Prerequisite:
CNA101 Introduction to Real Estate Appraising