Abstract:The paper contains the comparison of mechanism of two separately constructed statistical methods for the detection of outliers in real estate market analysis. For this purpose, databases with various types of real estate from local markets were created. Then the estimation of parameters of functional models describing dependencies prevailing on the examined markets was carried out. Subsequently, statistical tools called Baarda method and model residue analysis were used to detect outliers in the collec… Show more
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.