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Quantitative Analysis Education Schedule (PDF)
Education Catalog (PDF)
Some AI educational programs may not be approved in every state.
Students should check state approvals prior to registering for any Appraisal Institute program.

ClassroomOn-Demand Online EducationLive Online (Synchronous)

Please review the FAQs for important information regarding registration and cancellation deadlines; mandatory diagnostic test; online session; course equivalencies. Click here .

 

Course Description
This course focuses on the practical application of quantitative tools for analyzing data, drawing appropriate conclusions from data sets, and presenting both the analysis and conclusions in ways that enhance communication with appraisal clients. It reviews and furthers the application of basic statistical measures (mean, median, mode, standard deviation, etc.) and spends a good deal of time on graphical and regression analysis.

Central goals of the course are showing participants how to understand the reliability and validity of data used to draw conclusions, providing the knowledge needed to support the conclusions others may draw from the same or similar datasets. Presentation and activities make extensive use of real-world appraisal applications and are aimed at furthering an appraiser’s ability to provide credible analysis of real property-related issues.


 

Upon completion of the course, participants should be able to:


    ·  Properly apply and explain statistical methods such as simple and multiple regression analysis using market information
    ·  Understand and critique statistical applications
    ·  Understand how to incorporate statistical analysis in valuation reports
    ·  Understand how to evaluate the reliability of various types of data used in valuation
    ·   Understand the language of quantitative analysis
    ·  Use graphs to present data and analysis
    ·  Understand research design issues such as hypothesis construction, data reliability and validity, and sampling issues

 

Note: This course implements a blended learning approach, which includes a pre-class, two-hour online session combined with 30 hours of traditional classroom education and wraps up with a three-hour exam on the fifth morning.

 

Required Textbook: An Introduction to Statistics for Appraisers

 

Designated Members and Candidates for Designation will receive the discounted AI Price for Advanced Education courses: Advanced Income Capitalization, Advanced Market Analysis and Highest and Best Use, Advanced Concepts and Case Studies, and Quantitative Analysis. All others will receive the Full Price.

 

This course is in the Analytics for Valuation Professional Development Program. For more information, click here .

 

For more information on how to become a Candidate for Designation, click here .

Program Overview
TOC [PDF]
Schedule [PDF]

Recommended Text
The Dictionary of Real Estate Appraisal, 5th ed.

Ordering Information
To order books and other materials go to
our store

Tuition
Please contact the sponsoring chapter for information on fees applicable to chapter programs.

Required


    ·  Required Textbook: An Introduction to Statistics for Appraisers
    · Laptops (recommend external mouse)
    Spreadsheet program: Excel 2010  
    A financial calculator is required.. The accepted model used in the course is the HP-12C. Note. Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam.
    You must be familiar with basic Excel and calculator operation when the course begins. Answers to problems in course material are shown using Excel 2010. Do not come to class expecting to be taught how to use Excel.
    · 

Note to Mac users: Microsoft does not support the Data Analysis Tool Pack in Mac Office Excel 2008 or Mac Office  Excel 2011.  However, they do suggest free third-party add-ins with similar functionality.

For more information, see  
 2008:  http://answers.microsoft.com/en-us/mac/forum/macoffice2008-macexcel/what-happened-to-the-data-analysis-toolpak-or/7a9e9491-cb73-4496-ac06-3ada487c719a

2011: http://answers.microsoft.com/en-us/mac/forum/macoffice2011-macexcel/what-happened-to-the-data-analysis-toolpak-or/740ff33a-6ed9-4553-bc09-5cef06ce5f23

Hours
35 (2 online, 30 classroom, 3-hour exam)

To receive credit, participants must attend 100% of the program.

AI CE Credit for Designated Members, Candidates for Designation, and Practicing Affiliates

  1. Attend Only = 275 points
  2. Attend and Pass= 375 points
  3. Pass Exam Only = 325 points

Prerequisites
Required:

Recommended:

Participants must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.


Who Should Enroll
General or Residential Associates working on their designations, MAIs or SRAs who want to further their statistics knowledge and skill base, residential or general certified appraisers, tax assessors, attorneys, bankers, review appraisers, market researchers.

Click Here for State Approvals


  
Class Schedule & Locations

09/15/2014 - 09/19/2014
Location: Orlando, FL
Click here for location details
Sponsor: East Florida
Contact: Lauren Dowling, (813) 651-5904
Instructor: Spence, William D. Otto, MAI
Register


09/25/2014 - 09/30/2014
Location: Aurora, CO
Click here for location details
Sponsor: Colorado
Contact: Sherry Engleberg, (303) 691-0487
Instructor: Bowes, Nelson, MAI
Register


10/06/2014 - 10/10/2014
Location: Philadelphia, PA
Click here for location details
Sponsor: Appraisal Institute
Contact: National Programs, (312) 335-4207
Instructor: Hamilton PhD, Thomas W.
Register


12/08/2014 - 12/12/2014
Location: Oakland, CA
Click here for location details
Sponsor: Northern California
Contact: Lisa M. Estes, (925) 932-7753
Instructor: Wright, Larry T., MAI, SRA & DeWeese, Gary S., MAI
Register






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