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17 <br /> 1 Slide #24 <br /> Current Work — Neighborhood Reviews (continued) <br /> 4. The outlier will be excluded, the reason noted, and the PRD/ PRB analysis <br /> recalculated. <br /> 5. If removing the outlier does not move the neighborhood within standards, land <br /> value and Effective Year Built will be analyzed in a comparison of higher valued <br /> sales and lower valued sales. <br /> 6. The assigned appraiser will review the neighborhood for corrections and changes. <br /> ORANGE COUNTY <br /> 24 'tif)t.l-F) CAROLINA <br /> 2 <br /> 3 <br /> 4 Slide #25 <br /> Current Work — Neighborhood Reviews (continued) <br /> Coefficient of Price Related Sias Plot <br /> _P <br /> r <br /> rY • • • <br /> is i• <br /> M90"t6f 6f Sae Rice and ASSOSlad Wliije~)) <br /> ORANGE COUNTY <br /> 25 NORTH CAROLINA <br /> 5 <br /> 6 Nancy Freeman said the graph in slide #25 shows price related bias. She gave further <br /> 7 information in slide #26 regarding the graph. <br /> 8 <br />