Sales Ratio Flashcards
1
Q
Formula to determine Sales Ratios
A
Individual Assessment Values ÷ Individual Sales Prices
2
Q
What is used for placing all ratios in order from lowest to highest
A
Median Ratio
3
Q
Deviations=
A
Median Ratio - Sales Ratios
4
Q
Sum the total of ______, ______, _______, ______ ?
A
Sales Prices
Assessment Amount
Sales Ratios
Deviations
5
Q
Formula to find the Mean Ratio
A
Total of Sales Ratios ÷ the number of ratios in line
6
Q
Formula to find the Aggregate Ratio
A
Total Assessment ÷ Total Sales Price
7
Q
Formula to find Mean Deviation
A
Total of the Deviation Ratios ÷ the number of ratios in the line
8
Q
Formula to find Coefficient of Dispersion
A
Mean Deviation ÷ Mean Ratio
9
Q
Formula to find the Price Related Differential (P.R.D)
A
Mean Ratio ÷ Aggregate Ratio
