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
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.