This article concentrates on the statistical testing of value estimates allowed in mass appraisals. This mass appraisal technique provides oversight agencies the ability to provide a standardized value for comparison purposes that is statistically supportable in hearings and court cases, but also assists in statistical review of field appraisers.
O'Connor, P. M. (2015). Standardized values improve efficiencies of appraisal ratio studies. Journal of Property Tax Assessment & Administration, 12(2), 67-72. Retrieved from https://researchexchange.iaao.org/jptaa/vol12/iss2/4