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On Mon, 27 Oct 2008 21:17:19 -0500, Brian Whatcott
wrote: I sampled price versus length from offers at SailboatTraderOnline, for the names initialized by A thru G (Allmand, Beneteau, Cal, Dufour, Endeavour, Fountain, Grampian, Hunter) ..and planted the list of lengths versus boat bucks into NLREG (a non linear regression tool.) This came up with Price in boat bucks = [ 0.115 times Length in feet ] cubed. The fit is not particularly great (It explains 0.43 of the variance) but it is plausible for a random sample of boats, so for a 20 ft pay $12.2K 30 ft pay $41K 40 ft pay $97.3 K 50ft pay $190 K Try it again based on price per pound and I'll bet that it is close to a linear fit. New boat prices range from $20 to$30/lb and older used boats anywhere from $2 to $5. |
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