Chip Seal-1

Chip Seal-2

Material Cost

Material Cost

Dependent Variable:

lnma

Dependent Variable:

lnma

Indep Variable

Estimated

Coefficient

Standard Error

t-Statistic

Indep Variable

Estimated

Coefficient

Standard Error

t-Statistic

one

5.47692

0.13377

40.94294

one

5.70053

0.15453

36.88976

lyear

2.49629

0.29912

8.34551

dist1

−0.79064

0.23831

−3.31764

Number of Observations

110

Number of Observations

88

Corrected R-squared

0.38643

Corrected R-squared

0.10315

Mean of Dependent Variable

5.97618

Mean of Dependent Variable

5.36810

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

5.48704

0.13220

41.50479

one

3.50169

0.57218

6.11988

lyear

1.33063

0.23364

5.69523

age

0.13717

5.31210e−002

2.58223

dist1

0.32468

0.18803

1.72669

lyear

−0.76871

0.24836

−3.09514

elev

3.18557e−004

8.21175e−005

3.87929

aadt

1.34731e−003

7.89815e−004

1.70586

Number of Observations

110

Number of Observations

89

Corrected R-squared

0.24098

Corrected R-squared

0.21175

Mean of Dependent Variable

5.89780

Mean of Dependent Variable

5.71003