Table 3.
Number of observations = 35 | ||||
Adjusted r2 = 0.5446 | F statistic = 21.33 | P of F statistic < 0.0001 | ||
Variable | Coefficient | SE | T | P |
ln GDP per capita | -.9194 | 0.1835 | -5.01 | 0.000 |
Flyer cost (dummy) | -1.558 | 0.3767 | -4.13 | 0.000 |
Constant | -.2874 | 1.623 | -0.18 | 0.861 |
Dependent variable: log ratio of price of printed materials to GDP per capita
Breusch-Pagan test of heteroskedasticity: 1.02 (p = 0.31 (Chi2)).
VIF test for multicolinearity:1.02 (less than 2 indicates no multicollinearity)