Effect of wood attributes on the price persistence of acoustic guitars

Journal of Wood Science

Official Journal of the Japan Wood Research Society

Table 5 Multiple regression analysis results for Martin guitars

	Coefficient	Standard error
Fingerboard-Traditionality	0.41**	0.11
Top-Dark	− 0.38**	0.12
Side back-Traditionality	0.76**	0.11
Side back-Decay resistance	− 0.41	0.28
Year 1940s	− 0.59*	0.28
Year 1950s	0.60*	0.28
Year 1990s	− 0.64**	0.11
Year 2000s	− 0.41**	0.11
Constant	11.42**	0.27
Adjusted R-squared	0.61

The explanatory variables were the combination of guitar parts and wood attributes
**p < 0.01, * p< 0.05, †p < 0.10
The results presented in this table are the results of stepwise regression analysis