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However, the proceeds ratio only takes positive values.
The proceeds ratio of real estate is not systematically biased.
This equals the predicted proceeds ratio (hat{{rm PR}}_{i}).
The average proceeds ratio is 61%%, and the author concludes that the proceeds ratio fluctuates depending on the type of collateral.
In the multivariate context, the proceeds ratio for property sold through foreclosures is significantly lower than the proceeds ratio achieved by over-the-counter sales.
At 92 %, the proceeds ratio for over-the-counter trades is significantly higher than the proceeds ratio for foreclosure auctions (71%%).
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The results show no significant difference in the proceeds ratios for the different types of property.
In comparison to the flat haircuts, we use predicted proceeds ratios to adjust the market value of real estate.
Interestingly, our results still indicate that properties with high values, as measured by taking the market value's logarithm, are linked to significantly lower proceeds ratios.
As the senescence stage proceeded, the ratio in the early-maturing TC-9-6 (i.e. 0.72) was significantly lower than that in the medium-maturing M-28-6-6 M-28-6-6 M-28-6-6 M-28-6-6
Thus, by proceeding from ratio centrism, Zhang Dongsun finally managed to overcome the boundary between ratio and intuition (Zhang 1924: 76).
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CEO of Professional Science Editing for Scientists @ prosciediting.com