Journal of Student Research 2015
77
Contingency Valuation and Interviews in Open-Source Software Market:
The table below contains the descriptive statistics for the Willingness-to-Pay questions.
Descriptive Statistics
σ
Question Asked
N Range Minimum Maximum
Mean
Approximately how much did you pay for your current statistical analysis software? (Minimum of 0, Maximum of $1,000) At what price would you consider statistical analysis software to be so inexpensive that you would have some doubts about the product quality? (Minimum of 0, Maximum of $1,000) At what price would you consider statistical analysis software to be expensive but still worth buying because of product quality? (Minimum of 0, Maximum of $1,000) At what price would you consider statistical analysis software to be so expensive that it would not be worth purchasing regardless of product quality? (Minimum of 0, Maximum of $1,000) Please state the price you would expect to pay for statistical analysis software? (Minimum of 0, Maximum of $1,000)
9 $1,000
$0
$1,000 $227.78 $336.444
9
$350
$0
$350 $72.22 $132.550
9 $1,000
$0
$1,000 $594.44 $406.544
9 $1,000
$0
$1,000 $677.89 $403.144
9 $1,000
$0
$1,000 $286.11 $322.856
Valid N (listwise)
9
A priori expectations proceed from known causes within other research, academic knowledge, and completely indepen dent of observations. They provide a base set of economic logic and reasoning to be analyzed against the sample data.
Made with FlippingBook Ebook Creator