It says that appraisal data results in smoothed returns, and that actual fluctuations are masked, but the test asks about “absolute valuation bias” being either upward or downward - is this in the curriculum for 2015? What do you think?
It says that appraisal data results in smoothed returns, and that actual fluctuations are masked, but the test asks about “absolute valuation bias” being either upward or downward - is this in the curriculum for 2015? What do you think?