Sensitivity of Estimated Financial Returns on Timber Investments to Data Errors (Classic Reprint)


Book Description

Excerpt from Sensitivity of Estimated Financial Returns on Timber Investments to Data Errors Some people react to this problem by calling for a disaggregation of investment cases below the level of aggregation previously employed. The analysis of National Forest investments prepared for the Outlook study had an area matrix with forest type group, site class, and stand siz'e dimensions for eight administrative regions. This classification identified 984 separate area cells. Is this sufficient division to produce homogeneous treatment opportunities or should a terrain slope dimension also be added because of the impact of slope upon treatment and harvest cost? Should there be two slope classes, raising the number ofseparate area cells to 1968, or are three slope classes necessary, raising the total to 2952? About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.