Which of the following is an example of objective opinion?

An objective opinion is characterized by being based on factual information, data, and observable phenomena rather than personal feelings or biases. In this case, a conclusion drawn from market data exemplifies an objective opinion because it relies on measurable and verifiable information. This approach is grounded in evidence that can support or refute claims, making it impartial and universally applicable regardless of individual perspectives.

In contrast, personal viewpoints based on feelings, theories based on assumptions, and decisions influenced by past experiences are subjective by nature. These perspectives vary from person to person and are often influenced by personal beliefs, emotions, or interpretations rather than solid data. Objective opinions, like those derived from market data, are crucial in appraisal practice as they provide a reliable foundation for analysis and decision-making.