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 |