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0.00 indicating that whatever fit does exist is statistically significant at the 95% confidence level.<br />

This model included only 746 properties, about 22% fewer than Model #2.<br />

Table 5.18 Model #3 summary statistics, coefficient of determination, <strong>and</strong> significance<br />

R R Squared Adjusted R Std. Error of Degrees of<br />

F P-value<br />

Square the Estimate Freedom<br />

0.519 0.269 0.260 21.235 745 30.149 0.000<br />

Predictors: (Constant), <strong>submetering</strong>, utility’s average commodity charge for water <strong>and</strong> wastewater, cooling tower?,<br />

play area?, is property considered a senior citizen/retirement community?, RUBS, property built before 1995<br />

(compared to properties built 1995 or later), average number of bedrooms per unit, average rent per bedroom<br />

Dependent Variable: Indoor water use per unit (average 2001, 2002)<br />

The coefficients presented in Table 5.19 present the magnitude of the “effect” of the<br />

different independent variables in the model. Of particular interest are the coefficients for RUBS<br />

<strong>and</strong> <strong>submetering</strong>. For <strong>submetering</strong> the B coefficient was –10.1, indicating that submetered<br />

properties 10.1 kgal per unit less water than in-rent properties after adjusting the other significant<br />

independent variables. This effect was statistically significant at the 95% confidence level.<br />

70<br />

Average Annual Water Use Per Unit (kgal)<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

53.19 43.14 51.48<br />

In-rent or HOA<br />

N=531<br />

Submetered<br />

N=79<br />

RUBS<br />

N=136<br />

Figure 5.14 Adjusted average annual water use per unit – Model #3<br />

164

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