Table 2

Estimated predicted values compared with actual utility scores

ModelObservedMeanMinimumMaximumMSEMAE
Observed14 1000.851−0.5941.000
ModelOLS14 1000.8510.4511.0830.0420.141
TOBIT14 1000.8530.3420.9910.0410.147
FLOGIT14 1000.8520.1120.9870.0400.140
2PM14 1000.8500.7400.9580.0600.177
  • 2PM, two-part models; FLOGIT, Fractional logit; MAE, mean absolute error; MSE, mean squared error; OLS, ordinary least squares.