Skip to main content

Advertisement

Table 1 Sample statistics

From: Consumer ratings and the pricing of experience goods: hedonic regression analysis of beer prices

Variable American Foreign All
AvgPrice 9.589 (3.34) 9.140 (2.02) 9.542 (3.23)
AvgRating 78.49 (7.33) 69.74 (8.85) 77.58 (7.95)
AlchoholVol 6.228 (1.59) 5.079 (0.95) 6.109 (1.58)
Calories 188.6 (45.99) 145.2 (22.79) 184.1 (49.67)
American 0.896 (0.31)
AmericanAle 0.497 (0.50) 0.000 (0.00) 0.446 (0.50)
AmericanLager 0.084 (0.28) 0.302 (0.46) 0.107 (0.31)
BelgianAle 0.114 (0.32) 0.140 (0.35) 0.116 (0.32)
CzechLager 0.019 (0.14) 0.023 (0.15) 0.019 (0.14)
EnglishAle 0.116 (0.32) 0.023 (0.15) 0.107 (0.31)
EuropeanLager 0.008 (0.09) 0.256 (0.44) 0.034 (0.18)
GermanAle 0.046 (0.21) 0.023 (0.15) 0.044 (0.20)
GermanLager 0.073 (0.26) 0.093 (0.29) 0.075 (0.26)
IrishAle 0.014 (0.12) 0.093 (0.29) 0.075 (0.15)
ScottishAle 0.014 (0.12) 0.023 (0.15) 0.015 (0.12)
Specialty 0.014 (0.12) 0.023 (0.15) 0.017 (0.13)
Nobs 370 43 413
  1. Figures above are means (standard deviations)