Outlier Screening: Principles, Methods, Issues, and Recommendations

Speaker Website

agjd.com

Presentation Category

BACK TO BASICS

General Session Description

The session discusses objectives and principles of outlier trimming and evaluates commonly used techniques, including hard-coded cut points, standard deviations, graphical analysis, and the inter-quartile range (IQR). It concludes with recommendations dependent on the purpose of the analysis and the proper role of appraisal judgment in the process.

Audience Expertise

Intermediate (Ideal for the participant with a general knowledge within the areas covered.)

Location

Room 203

Start Date

8-27-2024 1:15 PM

End Date

8-27-2024 2:15 PM

Moderator

Sue Flageolle, Jefferson County Assessor's Office

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Aug 27th, 1:15 PM Aug 27th, 2:15 PM

Outlier Screening: Principles, Methods, Issues, and Recommendations

Room 203

The session discusses objectives and principles of outlier trimming and evaluates commonly used techniques, including hard-coded cut points, standard deviations, graphical analysis, and the inter-quartile range (IQR). It concludes with recommendations dependent on the purpose of the analysis and the proper role of appraisal judgment in the process.