Average and Standard Deviation of Variables Used in the Statistical Analysis
| Variable | Average | Std. Dev. |
|---|---|---|
| Book Value of Boats When New (million kroner) | ||
| Purse seine | 104.2 | 45.0 |
| Trawlers | 81.1 | 38.5 |
| Conventional offshore | 48.4 | 16.4 |
| Conventional coastal | 5.6 | 7.8 |
| Insurance Premium (million kroner) | ||
| Purse seine | 0.534 | 0.237 |
| Trawlers | 0.547 | 0.205 |
| Conventional offshore | 0.331 | 0.098 |
| Conventional coastal | 0.082 | 0.098 |
| Age of Boats in Sample Used in Table 2 (years) | ||
| Purse seine | 7.1 | 4.3 |
| Trawlers | 8.9 | 5.2 |
| Conventional offshore | 8.2 | 5.2 |
| Conventional coastal | 6.6 | 5.2 |
| Age of All Boats, All Years (years) | ||
| Purse seine | 20.6 | 15.7 |
| Trawlers | 16.4 | 9.2 |
| Conventional offshore | 16.9 | 9.0 |
| Conventional coastal | 23.7 | 15.2 |
| Maintenance Cost of Boats in Sample Used in Table 3 (million kroner) | ||
| Purse seine | 2.78 | 1.83 |
| Trawlers | 3.97 | 2.90 |
| Conventional offshore | 1.81 | 1.12 |
| Conventional coastal | 0.28 | 0.47 |