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Appendix 3

Estimates of Statistical Reliability of Selected Variables Expressed as Coefficients of Variation ¹ All Anglers, 1995
Characteristics Lake Ontario Lake Erie Lake St. Clair Lake Huron Lake Superior St. Lawrence River Great Lakes System
Sample Size 470 122 34 518 157 111 1,302
Days of effort 7.90% 9.60% 28.10% 7.40% 10.00% 11.90% 4.40%
Total Fish Caught 10.90% 15.70% 39.70% 14.90% 15.30% 23.30% 7.70%
Total Fish Kept 12.80% 18.40% 40.00% 24.10% 17.40% 40.30% 13.30%
Total investments 18.00% 33.10% 79.90% 33.30% 43.20% 76.60% 23.30%
Total attributable investments 18.70% 29.40% 55.90% 31.80% 31.90% 40.00% 16.50%
Direct expenditures 8.90% 15.40% 46.20% 7.50% 13.20% 16.20% 4.50%
Willingness to Pay 12.70% 16.30% 30.90% 13.90% 13.90% 19.60% 7.80%

1 The coefficient of variation of the mean is used as a crude measure of reliability because it is not possible to calculate exact variability in the data. It is calculated as the standard error of the mean divided by the mean multiplied by 100.

The table below can be used as a guide to the use of estimates based on the coefficient of variation.

less than 16.5% estimates can be used without condition
greater than 16.5% and less than 33.5% estimates should be used with caution
greater than 33.5% estimates should be used with EXTREME condition
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