CCIM 102 Module 2 Solved 2025
10,000 but a population of less than 50,000 - ANSWER-Each micropolitan statistical
area must have at least one urban cluster of
3 Types of Data Needed to Complete Market Analysis - ANSWER-Market Data
Property Data
Financial Data
50,000 or more inhabitants - ANSWER-Each metropolitan statistical area must have at
least one urbanized area of
Calculating Standard Deviation - ANSWER-Step 1: on the CCIM Financial Calculator
select Tab 8 "Statistics"
Step 2: Input Data Into Cells 1 through 7 for Column A
Step 3: Hit Calculate
Step 4: Repeat Steps 1-3 for each column
Step 5: Compare S to determine greatest S
Census Block - ANSWER-smallest geographic entity for which census data are
available. May be as small as a city block, but in less densely populated areas can be
much larger
Census Block Group - ANSWER-A subdivision of census tracts, each representing 250-
350 housing units
Census Tracts - ANSWER-Small, permanent subdivision of a county with homogenous
population characteristics and living conditions
Center - ANSWER-Similar to the centroid method except that the data is included if the
functional boundary includes the geographic center of the formal region
Centroid - ANSWER-That point that would be the center of gravity if all the people
reported in the defined region were standing on a map of the defined region
Core Based Statistical Areas (CBSA) - ANSWER-Refers to a region based around an
urban center of at least 10,000 people
County Assessor (Property Appraiser) - ANSWER-Which of the following sources offers
the most comprehensive property data?
10,000 but a population of less than 50,000 - ANSWER-Each micropolitan statistical
area must have at least one urban cluster of
3 Types of Data Needed to Complete Market Analysis - ANSWER-Market Data
Property Data
Financial Data
50,000 or more inhabitants - ANSWER-Each metropolitan statistical area must have at
least one urbanized area of
Calculating Standard Deviation - ANSWER-Step 1: on the CCIM Financial Calculator
select Tab 8 "Statistics"
Step 2: Input Data Into Cells 1 through 7 for Column A
Step 3: Hit Calculate
Step 4: Repeat Steps 1-3 for each column
Step 5: Compare S to determine greatest S
Census Block - ANSWER-smallest geographic entity for which census data are
available. May be as small as a city block, but in less densely populated areas can be
much larger
Census Block Group - ANSWER-A subdivision of census tracts, each representing 250-
350 housing units
Census Tracts - ANSWER-Small, permanent subdivision of a county with homogenous
population characteristics and living conditions
Center - ANSWER-Similar to the centroid method except that the data is included if the
functional boundary includes the geographic center of the formal region
Centroid - ANSWER-That point that would be the center of gravity if all the people
reported in the defined region were standing on a map of the defined region
Core Based Statistical Areas (CBSA) - ANSWER-Refers to a region based around an
urban center of at least 10,000 people
County Assessor (Property Appraiser) - ANSWER-Which of the following sources offers
the most comprehensive property data?
