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A New Hedonic Rent Index Methodology for Canada Motivation As part of modernization and quality improvement efforts at Statistics Canada, a new characteristicsbased hedonic model has been developed
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The new approach for estimating utilizes advanced statistical methods and data analytics to provide more accurate and efficient estimations in various fields.
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Information that must be reported includes detailed quantitative data, assumptions used in the estimation process, and any relevant contextual information that supports the estimates.
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