Table 9

Average cost function with average expenditures as dependent variable, 2010–11

VariableParameter EstimateSignificance Level
Constant105,591.320.00000
DDSE−83.2660.05300
DDSE squared0.0310.23300
Faculty practice expenses0.0020.04400
Research expenses0.0030.00000
Public schools9,949.870.16700
  • R2=0.475, N=56