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Often, variation is quantified as variance; then, the more specific term explained variance can be used. The complementary part of the total variation is called unexplained or residual variation ; likewise, when discussing variance as such, this is referred to as unexplained or residual variance .
An area variance is the most common type. It can be requested by a builder or landowner when an odd configuration of the land, or sometimes the physical improvements (structures) on the land, requires a relaxation of the applicable regulations to avoid denying the landowner the same rights and use of the property enjoyed by owners of ...
The other variance is a characteristic of a set of observations. When variance is calculated from observations, those observations are typically measured from a real-world system. If all possible observations of the system are present, then the calculated variance is called the population variance.
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
Floor Area ratio is sometimes called floor space ratio (FSR), floor space index (FSI), site ratio or plot ratio.. The difference between FAR and FSI is that the first is a ratio, while the latter is an index.
Commonality analysis is a statistical technique within multiple linear regression that decomposes a model's R 2 statistic (i.e., explained variance) by all independent variables on a dependent variable in a multiple linear regression model into commonality coefficients.
The distinction between extraordinary assumptions and hypothetical conditions can be a matter of law or professional standards in the field of real estate appraisal in the United States where the distinction is not only codified in USPAP, but enforced by various state real estate appraiser commissions or professional boards. However, the ...
White explained in an email that his reaction to Hazelden’s plan was “one of pleasant surprise that a leading addiction treatment program would so value the emerging addiction science and be so committed to improving recovery outcomes that it would be willing to weather potential controversy that could affect its business interests.”