New Textbook from Appraisal Institute Describes How to Perform Statistical Analyses

RISMEDIA, September 23, 2009—A newly published textbook by Marvin L. Wolverton, Ph.D., MAI, is the first of its kind: a fundamental, comprehensive guide to performing statistical analyses written specifically for real estate appraisers.

Published this month by the Appraisal Institute, one of the nation’s largest organizations of real estate appraisers, “An Introduction to Statistics for Appraisers” makes its debut as appraisers face increasing pressure to support their opinions of value. Amidst new educational criteria requiring demonstrated proficiency in basic statistics, appraisers find themselves needing to learn even more about statistics and modeling.

“An Introduction to Statistics for Appraisers” includes a review of essential mathematical skills; advice on illustrating data graphically; instruction on the concept of probability and its application in statistical analysis; sophisticated tools for testing research and assessing the validity and reliability of data samples; and information on statistical model building using simple and multiple linear regression.

To order, go to: http://www.appraisalinstitute.org/store/p-168-an-introduction-to-statistics-for-appraisers.aspx.