Take the following as truth: In order to investigate the impact of using the CV based WTP estimates, the Alternative Estimate relies on a value for incidence of chronic bronchitis using a cost-of-illness estimate based Cropper and Krupnick (1990) which calculates the present value of the lifetime expected costs associated with the illness.
Then the following statement: "The estimate takes many factors into consideration, such as age, gender, and income. " is true, false, or inconclusive?
Answer: Inconclusive