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TABLE 2 - Equation for Predicting the Fraction of Occupants of Regulated Apartments Who Will Move


Description of Regressors
Coefficient
Standard Error
t-Ratio
P>|t|
Householder's Age 30 to 39 -0.115 0.022 -5.319 0.000
Householder's Age 40 to 49 -0.150 0.024 -6.201 0.000
Householder's Age 50 to 59 -0.224 0.027 -8.273 0.000
Householder's Age 60 to 69 -0.222 0.029 -7.666 0.000
Householder's Age More Than 69 -0.173 0.030 -5.802 0.000
Rent Discount $1 to $50 -0.019 0.023 -0.831 0.406
Rent Discount $51 to $100 -0.030 0.024 -1.250 0.211
Rent Discount $101 to $150 -0.043 0.025 -1.698 0.090
Rent Discount $151 to $200 -0.063 0.027 -2.340 0.019
Rent Discount $201 to $250 -0.038 0.031 -1.229 0.219
Rent Discount $251 to $300 -0.054 0.034 -1.567 0.117
Rent Discount $301 to $400 -0.067 0.029 -2.269 0.023
Rent Discount More Than $400 -0.075 0.029 -2.610 0.009
Monthly Gross Rent $201 to $400 -0.036 0.033 -1.096 0.273
Monthly Gross Rent $401 to $600 -0.038 0.033 -1.150 0.250
Monthly Gross Rent $601 to $800 -0.005 0.036 -0.146 0.884
Monthly Gross Rent More Than $800 0.075 0.038 1.977 0.048
Stabilized Pre-1947 0.005 0.030 0.159 0.873
Stabilized Post-1947 0.003 0.030 0.112 0.911
1 Year in Unit 0.138 0.039 3.528 0.000
2 Years in Unit 0.072 0.042 1.704 0.088
3 Years in Unit 0.002 0.046 0.038 0.970
4 Years in Unit -0.071 0.046 -1.548 0.122
5 Years in Unit 0.028 0.046 0.599 0.549
6 Years in Unit -0.044 0.047 -0.936 0.349
7 Years in Unit -0.118 0.051 -2.341 0.019
8 Years in Unit -0.084 0.052 -1.621 0.105
9 Years in Unit -0.071 0.053 -1.347 0.178
10 Years in Unit -0.129 0.049 -2.650 0.008
11 to 20 Years in Unit -0.143 0.040 -3.618 0.000
21 to 30 Years in Unit -0.133 0.045 -2.924 0.003
31 or More Years in Unit -0.116 0.051 -2.253 0.024
2 Persons in Unit -0.028 0.016 -1.753 0.080
3 Persons in Unit -0.056 0.020 -2.754 0.006
4 Persons in Unit -0.061 0.023 -2.645 0.008
5 or More Persons in Unit -0.048 0.027 -1.810 0.070
         
Intercept 0.548 0.058 9.506 0.000
Coefficient of Determination 0.135
Standard Error 0.425
Number of Observations 4394

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