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

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Aug 30th, 1:00 PM Aug 30th, 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.