Benefit-Cost Ratios for Three Levels of CPC Participation (2007 dollars, 3% real annual discount rtae)
Note: The 90% confidence intervals for the total benefit-cost ratios for the preschool, school-age, and extended programs are 4.15 to 17.51, -3.66 to 11.60, and 0.10 to 16.58, respectively. The 90% confidence intervals for the public benefit-cost ratios for the preschool, school-age, and extended programs are 2.28 to 12.11, −1.94 to 6.16, and −0.40 to 10.82, respectively. The 90% confidence intervals were generated by monetizing the standard errors associated with the estimated program effects. A Monte Carlo Analysis was also conducted to estimate the range of benefit-cost ratios, and the analysis generated a comparable range of estimates