Environmental Engineering Reference
In-Depth Information
Table 6 Variables selected and their description
Variable
Description
Price (P)
Measured in Euros
Location dummy (L1-L6)
If this location = 1; otherwise = 0
Retailer dummy (R1-R11)
If this retailer = 1; otherwise = 0
Brand dummy (B1-B39)
If this brand = 1; otherwise = 0
Energy labelling dummy AHigh
(A*** + A**)
If energy labelling is A*** or A** = 1;
otherwise = 0
Height
Measured in millimetres
Width
Measured in millimetres
Depth
Measured in millimetres
Colour white dummy
If white = 1; otherwise = 0
Table 7 Main descriptive statistics
Variable Mean Standard deviation Min Max
P 684.454 298.699 132.000 2799.00
Height 1820.76 224.731 500.000 2067.00
Width 614.153 79.6390 440.000 960.000
Depth 631.225 41.7874 440.000 770.000
White 0.549431 0.497664 0.000000 1.00000
AHigh 0.0630672 0.243139 0.000000 1.00000
The descriptive statistics for the location, the retailer and the brand can be found in Table A3 in
Appendix 2
Table 8 Model estimation
Coefcient
a
const
3.72337 (0.128229)
a
Height
0.000550754 (3.74114e-05)
a
Width
0.0017101 (0.000144917)
a
Depth
0.00133327 (0.000292875)
a
White
0.147167 (0.00881035)
a
AHigh
0.12633 (0.0245919)
R-squared
0.795812
R-squared corrected
0.789523
a Indicates signi cant at 1 % signi cance level
b Indicates signi cant at 5 % signi cance level
c Indicates signi cant at 10 % signi cance level
The coef cients for the location, the retailer and the brand can be found in Table A4 in Appendix 2
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