Sales Ratio Flashcards
Formula to determine Sales Ratios
Individual Assessment Values ÷ Individual Sales Prices
What is used for placing all ratios in order from lowest to highest
Median Ratio
Deviations=
Median Ratio - Sales Ratios
Sum the total of ______, ______, _______, ______ ?
Sales Prices
Assessment Amount
Sales Ratios
Deviations
Formula to find the Mean Ratio
Total of Sales Ratios ÷ the number of ratios in line
Formula to find the Aggregate Ratio
Total Assessment ÷ Total Sales Price
Formula to find Mean Deviation
Total of the Deviation Ratios ÷ the number of ratios in the line
Formula to find Coefficient of Dispersion
Mean Deviation ÷ Median
Formula to find the Price Related Differential (P.R.D)
Mean Ratio ÷ Aggregate Ratio