Brief Session Description
This presentation will illustrate a step–by–step process of calculating the Coefficient of Price Related Bias (PRB). It will use example datasets, simple Excel functions, and IAAO standards to show how to calculate the PRB and interpret its results.
Presentation Category
Assessment Technology
Audience Expertise
General Interest (Appropriate for all experience levels.)
Start Date
8-30-2016 1:00 PM
End Date
8-30-2016 2:30 PM
Calculating Price Related Bias in Excel
This presentation will illustrate a step–by–step process of calculating the Coefficient of Price Related Bias (PRB). It will use example datasets, simple Excel functions, and IAAO standards to show how to calculate the PRB and interpret its results.