Presentation Title
Garbage In, Garbage Out: Implications of Data Quality for Valuation Models
Brief Session Description
Using before and after property data from the Maricopa County Assessor’s Office Desktop Review program, this session will explore how data quality affects valuation models. In addition to exploring impacts on measures of goodness of fit and measures of variable importance and reliability, analysis on predicted values will also be shared to further discuss how data quality impacts an assessor’s goal of producing fair and equitable valuations.
Presentation Category
Assessment Technology
Audience Expertise
Intermediate (Ideal for the participant with a general knowledge within the areas covered.)
Location
223-224
Start Date
9-9-2019 2:45 PM
End Date
9-9-2019 3:45 PM
Moderator Name
Eric Bails
Apendium Knowledge Area
Collecting and Maintaining Property Data
Garbage In, Garbage Out: Implications of Data Quality for Valuation Models
223-224
Using before and after property data from the Maricopa County Assessor’s Office Desktop Review program, this session will explore how data quality affects valuation models. In addition to exploring impacts on measures of goodness of fit and measures of variable importance and reliability, analysis on predicted values will also be shared to further discuss how data quality impacts an assessor’s goal of producing fair and equitable valuations.
