Getting Better Probability Estimates from Your Clients: A Practical Approach
Getting clients to provide probability estimates is a part of many valuation engagements, but is one of the least rigorous, and hardest to document and defend, estimates in a valuation. In this program, James Walling will help you to understand the hidden bias in most probability estimates and offer a practical method for getting your clients to get past these biases and provide better estimates. This process will also provide a basis for documenting the considerations that went into the estimate for report and audit review.
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