Table 4. Price Elasticities (Point Estimates) of Probability of Receiving Selected Dental Services.
Type of Service | Price Measure's Unstandardized Discriminant Coefficient | Sample Mean (of 1–p) | Sample Mean (x̄) of Price Measure | [βx̄ (1-p)] Price Elasticity Estimate |
---|---|---|---|---|
Any Services | −.0685 | .8005 | 9.7717 | −0.536 |
Filling | −.1734 | .9361 | 8.6971 | −1.412 |
Cleaning | −.1246 | .9225 | 10.3208 | −1.186 |
Extraction | .00351 | .9384 | 10.8008 | .0351 |
Denture Care2 | −.05391 | .9153 | 9.7733 | −.04821 |
Oral Exam2 | −.1018 | .9321 | 9.7733 | − .9277 |
Not statistically significant at the .10 level of Type 1 error on a 2-tailed test of significance.
lt should be noted that the price index for fillings, extractions, and cleanings is used for the denture care and oral exam discriminant equations since individual prices are not included for those services in the BLS sample.