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Benchmark Value

Home » Benchmark Value

Benchmark Value

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The market value against an AVM’s value predictions will be compared for performance testing. Recent, arm’s length transactions are preferred.

Related Articles:
  • Glossary: Adjusted Hit Rate
  • Glossary: Blind Testing
  • Glossary: Median Error
  • Glossary: Percentage Error
Related Terms:
  • Term: Market Value
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