Table 5.-Estimated equations and means for motel-hotel model group, Dade and Monroe counties, 1975-1976.


 Heteroske-
Dependent Data dasticity
Variable Base Adjusted Intercept


1n(W) primary no 3.7005
 (0.422)"'
1n(W) primary yes 1.5678
 (0.485)1'
ln(W) secondary no 3.7038
 only (0.244)"
1n(W) secondary yes 3.2500
 only (0.282)1"


 Coefficients for Variablea
r NR PR DB


-0.2232
(0.123)"
-0.2404
(0.073)"
-0.0972
(0.080)
-0.1114
(0.052)"


 0.0118
(0.0004)"
 0.0274
 (0.006)''
 0.0191
 (0.002)"'
 0.0242
 (0.005)"


0.0274
(0.019)
0.1012
(0.023)'
0.0112
(0.010)
0.0228
(0.014)e


0.0018
(0.019)
0.0012
(0.001)


R2 R2 SER n


0.64 0.59 0.749 40

0.95 0.95 0.024 40

0.59 0.57 0.773 93


Equation
Number
(3.1)

(3.2)

(3.3)

(3.4)


Mean


 Variable Identification
W= quantity water purchased, thousands of
 gallons per month


Primary
247.98


Secondary


287.05


 r= price of water 1.00 1.02
 NR= number of rooms in motel-hotel 52.53 53.81
 PR=average maximum price of room 22.02 22.70
 DB=dining room plus bar room area, 74.00 -
 in tens of square feet
"Figures in parenthesis are the standard errors. SER is the standard error of the regression.
"'Significant at 0.01 level
'Significant at 0.20 level


- 0.94 0.94 0.029 93


Standard Deviation


Primary


352.68

 1.02
 52.71
 6.88
144.00


Secondary


540.03

 1.02
 45.21
 8.59