Table IV.
Comparison of price elasticity estimates across models
| Overall | FMM component 1 | FMM component 2 | FMM component 3 | N | Test for difference between componentsp-value | |
|---|---|---|---|---|---|---|
| Poisson | −0.297** (0.129) |
65,002 | ||||
| Negative binomial | −0.402*** (0.152) |
65,002 | ||||
| 2-component, variable probability | −1.686*** (0.652) [0.728] |
0.013 (0.086) [0.272] |
65,002 | 0.0123 | ||
| 2-component, constant probability | −0.951*** (0.281) [0.735] |
−0.070 (0.092) [0.265] |
65,002 | 0.0030 | ||
| 3-component, constant probability | −1.124*** (0.327) [0.651] |
−0.097 (0.072) [0.327] |
0.090 (0.226) [0.022] |
65,002 | 0.0011a 0.0033b 0.4329c |
Standard errors in parentheses, sample proportion belonging to component in square brackets.
Test between components 1 and 2.
Test between components 1 and 3.
Test between components 2 and 3.
p<0.1
p<0.05
p<0.01.