Calculate the coefficient of dispersion for the following five properties, descr
ID: 3173939 • Letter: C
Question
Calculate the coefficient of dispersion for the following five properties, describe what this statistic is and evaluate the performance of the property assessor based on the calculated statistic. (1 point)
Parcel
Assessed Value
Market
Value
Assessment Ratio
Median Assessment Ratio
Absolute Dispersion
1
30,000
100,000
2
50,000
100,000
3
40,000
70,000
4
30,000
50,000
5
100,000
125,000
Parcel
Assessed Value
Market
Value
Assessment Ratio
Median Assessment Ratio
Absolute Dispersion
1
30,000
100,000
2
50,000
100,000
3
40,000
70,000
4
30,000
50,000
5
100,000
125,000
Explanation / Answer
assessment ratio=assessed value/market value
the values are as fallows
0.3,0.5,0.571428,0.6,0.8 for parcel 1,2,3,4,5 respectively.
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