MARKET SHARE CALCULATIONS FOR NON OWNERS OF CAC/HPDecision ParametersPurchase Probability EvolutionYearProduct PriceOperatingSavings IncomePrice/Income Interest CAC/HP NoneTotalParametersfor Market Share Calculationsfor Replacement Units1951 $10,425.34-$233.04 $23,911 44.90% 3.25 0.00 1.00 1.001952 $9,932.80-$229.89 $25,213 40.61% 3.25 0.00 1.00 1.001953 $9,464.21 -$228.60 $25,808 37.85% 3.25 0.00 1.00 1.00Equip. Price in 1998 (98$) $2,2361954 $9,018.49 -$224.42 $25,320 36.80% 3.25 0.00 1.00 1.001955 $8,594.61 -$225.74 $27,130 32.79% 3.25 0.00 1.00 1.001956 $8,191.60 -$218.89 $28,573 29.69% 3.75 0.00 1.00 1.00Oper. Cost in 1998 (98$) $1971957 $7,808.58 -$208.11 $28,209 28.66% 4.00 0.00 1.00 1.001958 $7,444.67 -$201.01 $27,990 27.55% 3.50 0.00 1.00 1.001959 $7,099.09 -$198.68 $29,652 24.83% 4.50 0.00 1.00 1.001960 $6,771.08 -$192.15 $30,192 23.28% 5.00 0.00 1.00 1.001961 $6,459.95 -$186.68 $31,339 21.41% 4.50 0.00 1.00 1.00INITIAL MARKET SHARE1962 $6,165.04 -$179.69 $31,698 20.20% 4.50 0.00 1.00 1.00CAC/HP1963 $5,885.77 -$173.16 $32,403 18.88% 4.50 0.00 1.00 1.001964 $5,621.59 -$164.99 $33,446 17.47% 4.50 0.00 1.00 1.00No AC Product -> AC Product (1996)0.001965 $5,372.00 -$156.55 $34,826 16.02% 4.50 0.00 1.00 1.001966 $5,136.56 -$148.10 $35,993 14.82% 5.50 0.00 1.00 1.001967 $4,914.88 -$139.84 $35,878 14.22% 5.50 0.00 1.00 1.00COEFFICIENT bPrice Coefficient1968 $4,663.15 -$131.45 $37,861 12.78% 6.50 0.00 1.00 1.00CAC/HP1969 $4,525.68 -$122.28 $39,494 11.87% 7.50 0.00 1.00 1.0001970 $4,413.86 -$113.73 $39,430 11.58% 8.00 0.00 1.00 1.001971 $4,359.34 -$112.59 $39,473 11.42% 5.50 0.00 1.00 1.00COEFFICIENT cSavings Coefficient1972 $4,278.06-$111.39 $41,414 10.69% 5.00 0.00 1.00 1.00CAC/HP1973 $4,092.59-$105.18 $42,125 10.05% 7.25 0.00 1.00 1.0001974 $3,963.71-$107.90 $40,401 10.17% 11.50 0.00 1.00 1.001975 $4,142.55-$105.21 $39,985 10.71% 7.25 0.00 1.00 1.00COEFFICIENTfIncome Coefficient1976 $4,174.66-$100.83 $40,891 10.54% 7.00 0.00 1.00 1.00CAC/HP1977 $4,052.05-$95.20 $41,658 10.03% 6.75 0.00 1.00 1.0001978 $3,948.25-$94.64 $42,951 9.49% 8.50 0.00 1.00 1.001979 $3,828.78-$86.43 $44,134 8.94% 11.75 0.00 1.00 1.00COEFFICIENT gPrice/Income Coefficient1980 $3,657.03-$84.20 $42,728 8.82% 14.00 0.00 1.00 1.00CAC/HP1981 $3,530.05-$82.69 $42,146 8.64% 20.50 0.00 1.00 1.00-341982 $3,448.56-$80.93 $41,146 8.64% 16.50 0.00 1.00 1.001983 $3,502.97-$77.03 $41,532 8.68% 10.50 0.00 1.00 1.00COEFFICIENT hInterest Coefficient1984 $3,391.03-$74.14 $42,965 8.12% 12.50 0.00 1.00 1.00CAC/HP1985 $3,316.10-$70.86 $43,887 7.77% 10.00 0.00 1.00 1.0001986 $3,277.83-$67.10 $45,459 7.41% 8.50 0.00 1.00 1.001987 $3,139.32-$60.41 $46,208 6.97% 8.25 0.00 1.00 1.00COEFFICIENT aCONSTANT/INTERCEPT TERM - New Units1988 $3,116.02-$55.04 $47,017 6.78% 9.00 0.00 1.00 1.00CAC/HP1989 $3,065.53-$50.46 $47,909 6.54% 11.50 0.00 1.00 1.00-78.231990 $3,019.68-$46.16 $46,579 6.62% 10.00 0.00 1.00 1.001991 $2,895.84-$42.24 $45,393 6.50% 8.50 0.00 1.00 1.001992 $2,827.47$0.00$45,128 6.27% 6.50 0.00 1.00 1.001993 $2,730.73$0.00$46,262 5.90% 6.00 0.00 1.00 1.001994 $2,684.07$0.00$47,163 5.69% 7.25 0.00 1.00 1.001995 $2,665.77$0.00$47,755 5.58% 9.00 0.00 1.00 1.001996 $2,661.66$0.00$48,831 5.45% 8.25 0.00 1.00 1.001997 $2,625.85$0.00$50,567 5.19% 8.50 0.00 1.00 1.001998 $2,650.33$0.00$51,688 5.13% 8.50 0.00 1.00 1.001999 $2,650.33$0.00$52,079 5.09% 7.75 0.00 1.00 1.002000 $2,650.33$0.00$52,309 5.07% 8.03 0.00 1.00 1.002001 $2,650.33$0.00$52,574 5.04% 8.03 0.00 1.00 1.002002 $2,650.33$0.00$52,579 5.04% 8.03 0.00 1.00 1.002003 $2,650.33$0.00$53,051 5.00% 8.03 0.00 1.00 1.002004 $2,650.33$0.00$53,383 4.96% 8.03 0.00 1.00 1.002005 $2,650.33$0.00$53,933 4.91% 8.03 0.00 1.00 1.002006 $2,650.33$0.00$54,299 4.88% 8.03 0.00 1.00 1.002007 $2,650.33$0.00$54,840 4.83% 8.03 0.00 1.00 1.002008 $2,650.33$0.00$55,432 4.78% 8.03 0.00 1.00 1.002009 $2,650.33$0.00$56,050 4.73% 8.03 0.00 1.00 1.002010 $2,650.33$0.00$57,060 4.64% 8.03 0.00 1.00 1.002011 $2,650.33$0.00$57,373 4.62% 8.03 0.00 1.00 1.002012 $2,650.33$0.00$58,094 4.56% 8.03 0.00 1.00 1.002013 $2,650.33$0.00$58,682 4.52% 8.03 0.00 1.00 1.002014 $2,650.33$0.00$59,438 4.46% 8.03 0.00 1.00 1.002015 $2,650.33$0.00$60,170 4.40% 8.03 0.00 1.00 1.002016 $2,650.33$0.00$61,078 4.34% 8.03 0.00 1.00 1.002017 $2,650.33$0.00$61,799 4.29% 8.03 0.00 1.00 1.002018 $2,650.33$0.00$62,860 4.22% 8.03 0.00 1.00 1.002019 $2,650.33$0.00$63,725 4.16% 8.03 0.00 1.00 1.002020 $0.00$0.00$64,643 0.00% 8.03 0.00 1.00 1.002021 $0.00$0.00$65,455 0.00% 8.03 0.00 1.00 1.002022 $0.00$0.00$66,277 0.00% 8.03 0.00 1.00 1.002023 $2,650.33$0.00$67,109 3.95% 8.03 0.00 1.00 1.002024 $2,650.33$0.00$67,952 3.90% 8.03 0.00 1.00 1.002025 $2,650.33$0.00$68,805 3.85% 8.03 0.00 1.00 1.002026 $2,650.33$0.00$69,669 3.80% 8.03 0.00 1.00 1.002027 $2,650.33$0.00$70,544 3.76% 8.03 0.00 1.00 1.002028 $2,650.33$0.00$71,430 3.71% 8.03 0.00 1.00 1.002029 $2,650.33$0.00$72,327 3.66% 8.03 0.00 1.00 1.002030 $2,650.33$0.00$73,235 3.62% 8.03 0.00 1.00 1.00