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  2. Land value tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Land_value_tax_in_the...

    Land value taxation (i.e. property tax applied only to the unimproved value of land) has a long history in the United States dating back from Physiocrat influence on Thomas Jefferson and Benjamin Franklin. It is most famously associated with Henry George and his book Progress and Poverty (1879), which argued that because the supply of land is ...

  3. Point estimation - Wikipedia

    en.wikipedia.org/wiki/Point_estimation

    In statistics, point estimation involves the use of sample data to calculate a single value (known as a point estimate since it identifies a point in some parameter space) which is to serve as a "best guess" or "best estimate" of an unknown population parameter (for example, the population mean ). More formally, it is the application of a point ...

  4. Runoff curve number - Wikipedia

    en.wikipedia.org/wiki/Runoff_curve_number

    The runoff curve number (also called a curve number or simply CN) is an empirical parameter used in hydrology for predicting direct runoff or infiltration from rainfall excess. [1] The curve number method was developed by the USDA Natural Resources Conservation Service, which was formerly called the Soil Conservation Service or SCS — the ...

  5. L-estimator - Wikipedia

    en.wikipedia.org/wiki/L-estimator

    In statistics, an L-estimator is an estimator which is a linear combination of order statistics of the measurements ( also called an L-statistic ). This can be as little as a single point, as in the median (of an odd number of values), or as many as all points, as in the mean. The main benefits of L-estimators are that they are often extremely ...

  6. Fair market value - Wikipedia

    en.wikipedia.org/wiki/Fair_market_value

    The fair market value is the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts. United States v. Cartwright, 411 U. S. 546, 93 S. Ct. 1713, 1716-17, 36 L. Ed. 2d 528, 73-1 U.S. Tax Cas.

  7. Automated valuation model - Wikipedia

    en.wikipedia.org/wiki/Automated_valuation_model

    Automated valuation model. An Automated Valuation Model (AVM) is a system for the valuation of real estate that provides a value of a specified property at a specified date, using mathematical modelling techniques in an automated manner. [1] [2] AVMs are Statistical Valuation Methods and divide into Comparables Based AVMs and Hedonic Models.

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