Research Design, Hypothesis Testing, and Sampling

摘要

Statistical applications are an essential element of the practicing appraiser's tool kit. The extent to which statistics are employed in appraisal practice depends on a number of circumstances, such as the scope of work, the statistical competence of the analyst, and the availability of data. This article discusses essential theory necessary for competence in statistical inference-that Is reaching a conclusion about an unknown characteristic of a population based on sample data. This article explains how to design and Implement inferential statistical research and examines the topics of hypothesis construction, reliability and validity of research, sampling, setting significance levels, and sample size.