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Table 2 Descriptive statistics for actual and estimated freight rates

From: Stationarity of spot freight rates considering supply/demand effect

 

Actual Freight Rates

Estimated Freight Rates

Deviation

Number of observations

100

100

100

Mean

3.9898

3.9898

0.0000

Maximum

4.5390

4.5779

0.3251

Minimum

3.4150

3.6344

−0.3203

Std. Deviation

0.2602

0.2265

0.1280