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QUESTION 1: Summarise the provisions and purpose of the RICS Valuation-Professional Standards (the Red Book) and briefly discuss the benefits and difficulties you consider it gives rise to. You may illustrate your answer with examples, but the identity of the parties concerned should not be disclosed or readily identifiable (600-800 words).
QUESTION 2: Write an executive summary for the managing director of a small private investment company, describing the office property market in the nearest town to the area where you work (600-800 words).
QUESTION 3: Your client has recently inherited a small portfolio comprising three shops with flats above, a multi-let office building and an industrial unit. She has been looking at reports from the previous managing agent and is concerned about the basis of measurement applicable to each for letting and insurance purposes.
a. Explain the rationale for the use of the Code of Measuring Practice when carrying our valuations for rental and insurance purposes (250-300 words). b. Explain the principles involved in calculating the floor area of a retail shop unit for rent review purposes (250-300 words).
QUESTION 4: A valuation is only as good as the comparable evidence used. Therefore, rigorous analysis and consistent validation of the comparable data collected is as important as the mathematical formula used in any valuation. Discuss this statement (600-800 words).
MATH1550H: Assignment: Question: A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..
MATH1550H: Assignment: Question: what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?
MATH1550H: Assignment: Question: Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form
MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?
MATH1550H: Assignment: Questions: Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.
Caselet on McDonald’s vs. Burger King - Waiting time
Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.
Problems on Sampling Variability and Standard Error and Confidence Intervals
Estimate the population mean
Conduct a marketing experiment in which students are to taste one of two different brands of soft drink
Find out the probability
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