Consider the following regression results which are produced in Des Rosiers and Theriault (1996) paper on rental amenities and the stability of hedonic prices. The dependent variable, MR, is monthly rent paid for the unit (measured in $). Variables Coefficient t-value p-value Intercept B1 248.20 46.90 0001 LnAPPAGE B2 56.48 -59.74 .0001 NBROOMS B3 56.73 107.85 0001 AREABYRM B4 3.98 29.86 0001 HEATED B5 59.31 46.22 0001 LIGHTED B6 4.17 3.63 0003 SEMIFURN B7 15.52 11.10 0001 ELEVATOR Be 86.89 43.58 0001 LnDISTCBD By 7.41 5.78 0001 N (no. of observations) = 13 378 K (no of coefficients estimated in regression) = 9 Avg. rent=$404 Adj. R :0.6869 Variables Definition of variables LnAPPAGE Natural log of apparent age of the building where the unit stands, in years NBROOMS Number of rooms in the unit AREABYRM HEATED Area per room, in square metres Monthly rent includes heating - dummy variable LIGHTED SEMIFURN Monthly rent includes lighting - dummy variable Fridge and cooker are included in rent - dummy variable ELEVATOR Building has an elevator - dummy variables LnDISTCBD Natural log of Euclidian distance from CBD, in kilometres