What definition pertains to "a quantitative technique used to identify and measure adjustments to the sale prices of comparable properties"?

The definition of "a quantitative technique used to identify and measure adjustments to the sale prices of comparable properties" aligns with paired data analysis. This method involves comparing properties based on their characteristics to draw conclusions about their values, which is essential in real estate and property appraisal. By identifying pairs of comparable properties and analyzing the differences in their sale prices, adjustments can be quantified based on specific features such as square footage, number of bedrooms, or location. This approach provides a systematic way to determine how much each characteristic contributes to the overall value of a property, thus allowing for accurate price adjustments.

In contrast, mass appraisal refers to the process of valuing a group of properties at the same time, often using automated methods, rather than analyzing specific pairs. A linear regression model can also be used in the context of property valuation by finding the relationship between property values and their characteristics, but it does not specifically focus on the adjustment of sale prices for comparable properties in the same way that paired data analysis does. Lastly, the income model values properties based on the income they generate, often used for investment properties, which does not pertain directly to adjustments in sale prices based on comparables.