Table 1 Maximum Likelihood Estimates of the Model Assuming No Random Effects (Using the Complete Dataset)

Table 1 Maximum Likelihood Estimates of the Model Assuming No Random Effects (Using the Complete Dataset)

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Parameters Estimate Standard error Estimate
Standard error
Purchase parameters      
b0 (Intercept) −1.5350 0.3795 −4.05
b1 (Age) 0.0064 0.0007 9.41
b2 (Gender) 0.1562 0.0265 5.89
b3 (Income in millions SKR) 0.2488 0.1625 1.53
b4 (Petrol price) −0.0006 0.0005 −1.19
Recreational parameters      
b5 (Intercept) −0.7762 0.2481 −3.13
b6 (Age) −0.0048 0.0005 −10.76
b7 (Gender) −0.0629 0.0171 −3.67
b8 (Income in millions SKR) −0.3640 0.1070 −3.41
b9 (Petrol price) 0.0005 0.0003 1.50