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Appraisal Statistical Methods

Descriptive and inferential statistics, regression analysis, measures of central tendency, and statistical inference for appraisal.

2.7%
Licensed Residential
3 Q
4.5%
Certified Residential
5 Q
2.7%
Certified General
3 Q
37 practice questions
Difficulty Breakdown
Easy31 (84%)
Medium6 (16%)
Hard0 (0%)

About Appraisal Statistical Methods on the Appraiser Exam

Under the 2026 AQB content outline, Appraisal Statistical Methods accounts for 2.7% of the Licensed Residential exam, 4.5% of Certified Residential, and 2.7% of Certified General. This section covers descriptive and inferential statistics, regression analysis, measures of central tendency, and statistical inference for appraisal. Below you will find 37 free practice questions with detailed explanations to help you master this topic and pass your level's exam on the first attempt. The exam reports a scaled score; 75 is the passing scaled score and does NOT equal a raw 75% on practice questions. Scaled scoring adjusts for form difficulty.

Practice Questions

What is the mean of the following comparable sales prices: $285,000, $295,000, $305,000, $275,000, and $290,000?

EASY

The following sale prices were recorded: $245,000, $250,000, $250,000, $255,000, $280,000. What is the mode?

EASY

The following sale prices were recorded: $285,000, $295,000, $285,000, $305,000, $275,000. What is the median sale price?

MEDIUM

What is the median value of the following sale prices: $310,000, $285,000, $295,000, $325,000, and $305,000?

MEDIUM

What statistical measure represents the middle value when data points are arranged in order from lowest to highest?

EASY

The sale prices of five comparable properties are: $245,000, $252,000, $248,000, $260,000, and $250,000. What is the median sale price?

EASY

The range of sale prices for comparable properties is $45,000. If the lowest sale price is $235,000, what is the highest sale price?

EASY

The following data set represents property values: $450,000, $475,000, $450,000, $500,000, $525,000. What is the range?

EASY

The following data set has values: 100, 105, 110, 115, 120. What is the range?

EASY

The following data set represents recent sale prices: $180,000, $185,000, $190,000, $195,000, $200,000. What is the range?

EASY

A property has an appraised value of $500,000 and a loan amount of $400,000. What is the loan-to-value ratio?

EASY

The following sale prices were recorded: $185,000, $192,000, $188,000, $195,000, $190,000. What is the median sale price?

EASY

The following sale prices were recorded: $425,000, $450,000, $435,000, $425,000, $475,000. What is the median sale price?

EASY

What does the mode represent in a statistical data set?

EASY

The following data set represents sale prices: $280,000, $290,000, $290,000, $295,000, $340,000. What is the mode?

EASY

The following sale prices were recorded: $285,000, $295,000, $275,000, $285,000, $305,000. What is the mode?

EASY

The range of a data set containing the values $450,000, $475,000, $425,000, $500,000, $440,000 is:

EASY

In a data set of comparable sales, the range is $45,000 with a highest value of $385,000. What is the lowest value?

MEDIUM

A property is purchased for $1,500,000 with a loan of $1,200,000. What is the loan-to-value ratio?

EASY

What does the statistical measure 'median' represent in a data set?

EASY

Given the following data set: 12, 15, 18, 15, 22, 15, 20. What is the mode?

EASY

Regression in real estate valuation refers to:

MEDIUM

Given the following sale prices: $285,000, $295,000, $310,000, $290,000, and $320,000, what is the median sale price?

MEDIUM

What is the mean of the following sale prices: $245,000, $252,000, $238,000, $265,000, and $250,000?

EASY

What is the range of the following capitalization rates: 7.5%, 8.2%, 6.8%, 9.1%, and 7.9%?

EASY

What is the median of the following sale prices: $195,000, $210,000, $185,000, $225,000, and $200,000?

MEDIUM

What is the range of the following comparable sales: $275,000, $290,000, $285,000, $305,000, and $295,000?

EASY

A dataset of comparable sales shows the following values: $310,000, $315,000, $320,000, $325,000, $390,000. What is the range of this dataset?

EASY

The sale prices in a neighborhood are: $180,000, $195,000, $185,000, $200,000, $190,000. What is the range of these prices?

EASY

The following rental rates were observed: $1,200, $1,150, $1,200, $1,300, $1,250. What is the mode?

EASY

Given the following sale prices: $245,000, $250,000, $255,000, $260,000, and $290,000, what is the median?

EASY

Given the following comparable sales prices: $280,000, $285,000, $285,000, $290,000, $320,000, what is the mode?

EASY

The following sale prices were recorded: $250,000, $260,000, $255,000, $270,000, $255,000. What is the median sale price?

EASY

The following sale prices were recorded: $245,000, $250,000, $255,000, $260,000, $310,000. What is the median sale price?

EASY

Given the following data set: 12, 15, 18, 15, 20, 22, 15. What is the mode?

EASY

Given the following sale prices: $245,000, $252,000, $248,000, $255,000, $248,000. What is the median sale price?

EASY

The following sale prices were recorded: $285,000, $295,000, $310,000, $295,000, $305,000. What is the median sale price?

EASY
Study Tips for Statistics
  • β€’Master the three approaches to value (sales comparison, cost, income) and know when each applies
  • β€’Understand USPAP requirements thoroughly β€” Ethics Rule, Competency Rule, Scope of Work, and Standards 1 & 2 are heavily tested
  • β€’Practice math problems including capitalization rates, GRM, adjustments, and depreciation calculations β€” a financial calculator is allowed (see calculator policy)
  • β€’Review wrong answers and their explanations β€” understanding why an answer is incorrect is as valuable as knowing the right one
  • β€’Allocate study time based on your level's topic weight β€” Statistics is 2.7% on LR, 4.5% on CR, and 2.7% on CG

Frequently Asked Questions

How many questions cover Appraisal Statistical Methods on the appraiser exam?

Under the 2026 AQB outline, Appraisal Statistical Methods weight varies by license level: Licensed Residential 3 questions (2.7%), Certified Residential 5 questions (4.5%), Certified General 3 questions (2.7%). Each exam has 110 scored questions in total.

What is tested in Appraisal Statistical Methods on the appraiser exam?

Appraisal Statistical Methods covers descriptive and inferential statistics, regression analysis, measures of central tendency, and statistical inference for appraisal. Questions test both theoretical knowledge and practical application of appraisal concepts.

How should I study for Statistics?

Start by reviewing the key concepts and terminology, then practice with scenario-based questions. EstatePass offers 37 free practice questions for Appraisal Statistical Methods with detailed explanations. Focus on understanding the reasoning behind each answer, not just memorizing facts.

Which license level weighs Statistics most heavily?

Certified Residential leans on Statistics most heavily at 4.5% of scored questions. Licensed Residential is 2.7% and Certified General is 2.7%.

Master Statistics

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