The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
The article deals with issues related to the application of statistical methods used in the valuation process. The proposed algorithm for real estate valuation can be used in the statistical market analysis method in the process of mass appraisal. The algorithm uses a multiple linear regression model. Legal considerations indicate the need for such an algorithm for the determination of the value of...