Equipment

Equipment

Dependent Variable:

lneq

Dependent Variable:

lneq

Indep Variable

Estimated

Coefficient

Standard Error

t-Statistic

Indep Variable

Estimated

Coefficient

Standard Error

t-Statistic

one

5.76825

0.10346

55.75149

one

2.14434

0.76851

2.79024

lyear

0.51890

0.21725

2.38850

age

−0.25160

7.70902e−002

−3.26374

lyear

1.53446

0.25827

5.94137

dist1

0.70683

0.28343

2.49387

dist2

1.20197

0.22563

5.32727

elev

6.91082e−004

1.40269e−004

4.92683

Number of Observations

97

Number of Observations

78

Corrected R-squared

4.67198e−002

Corrected R-squared

0.52516

Mean of Dependent Variable

5.88594

Mean of Dependent Variable

6.15327

Chip Seal-1

Chip Seal-2

Total Cost

Total Cost

Dependent Variable:

lntot

Dependent Variable:

lntot

Indep Variable

Estimated

Coefficient

Standard Error

t-Statistic

Indep Variable

Estimated

Coefficient

Standard Error

t-Statistic

one

6.91182

0.11215

61.63111

one

6.16464

0.61684

9.99388

lyear

1.81242

0.19820

9.14448

age

7.30700e−002

4.75945e−002

1.53526

dist1

0.31118

0.15951

1.95086

lyear

−0.51297

0.21971

−2.33473

dist1

−0.35433

0.19684

−1.80010

elev

1.73129e−004

7.67915e−005

2.25453

aadt

1.51324e−003

7.35471e−004

2.05750

truck

−1.29371e−002

6.05241e−003

−2.13752

Number of Observations

110

Number of Observations

89

Corrected R-squared

0.44573

Corrected R-squared

0.24460

Mean of Dependent Variable

7.41292

Mean of Dependent Variable

7.01842

Labor Cost

Labor Cost

Dependent Variable:

lnlabor

Dependent Variable:

lnlabor

Indep Variable

Estimated

Coefficient

Standard Error

t-Statistic

Indep Variable

Estimated

Coefficient

Standard Error

t-Statistic

one

5.64555

0.21227

26.59612

one

4.05502

0.47710

8.49922

lyear

1.29042

0.17225

7.49169

age

0.12064

4.42940e−002

2.72354

dist1

0.74466

0.23196

3.21034

lyear

−0.65300

0.20709

−3.15322

dist2

0.63657

0.23240

2.73915

elev

2.91755e−004

6.84721e−005

4.26093

aadt

1.77472e−003

6.58573e−004

2.69479

Number of Observations

110

Number of Observations

89

Corrected R-squared

0.36502

Corrected R-squared

0.24512

Mean of Dependent Variable

6.51891

Mean of Dependent Variable

6.24271