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Table 4 Summary statistics of SVCs

From: Examining the vintage effect in hedonic pricing using spatially varying coefficients models: a case study of single-family houses in the Canton of Zurich

 

Intercept \(\hat{\beta }_{1} \left( \cdot \right)\)

\(Z.age\;\;\hat{\beta }_{2} \left( \cdot \right)\)

\(Z.age^{2} \;\;\hat{\beta }_{3} \left( \cdot \right)\)

(a) Estimated

Minimum

8.894

− 0.172

− 0.024

Mean

9.315

− 0.139

0.013

Maximum

9.905

− 0.107

0.067

(b) Spatially predicted

Minimum

8.919

− 0.172

− 0.003

Mean

9.257

− 0.142

0.012

Maximum

9.897

− 0.108

0.044