Economic Valuation for Cultural and Passive Ecosystem Services Using a Stated Preference (Contingent Valuation Method (CVM)) Case of the Elgeyo Watershed Ecosystem, Kenya

Table 7

Multivariate regression on cultural and passive/nonuse values) as a function of area and socioeconomic parameters.

Source	Statistic		Df	F (df1, df2) = F			Prob > F
Model	W	0.0639	75	225.0	603.7	4.03	0.0000 a
	P	1.6381		225.0	609.0	3.26	0.0000 a
	L	5.7833		225.0	599.0	5.13	0.0000 a
	R	4.3441		75.0	203.0	11.76	0.0000 u
Residual			203
Equation	Obs		Parameters	RMSE	“R^2”	F	P
Cultural	279		76	415.81	0.64	4.70	0.0000
Bequest	279		76	515.85	0.78	9.77	0.0000
Biodiversity	279		76	825.75	0.69	5.89	0.0000

e = exact, a = approximate, u = upper bound on F. W = Wilks’ lambda L = Lawley–Hotelling trace, P = Pillai’s trace, R = Roy’s largest root.