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1999-017
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1999-017
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Last modified
7/6/2023 1:59:49 PM
Creation date
7/6/2023 1:54:27 PM
Metadata
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Template:
Official Documents
Official Document Type
Miscellaneous
Approved Date
01/19/1999
Control Number
1999-017
Subject
Indian River County Beach Preservation Plan/Economic Analysis and Cost
Allocation Plan/Prepared by Applied Technology & Management, Inc. (ATM)
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40 <br />40 <br />• <br />you could put a dollar value on a day at the beach, what would it be worth to <br />you?" The answer given is an estimate of the beach user's average valuation of <br />the beach. Some claimed that they would pay nothing for the use of the beach, <br />while others said they would pay "whatever was necessary." <br />The amount beach visitors would be willing to pay for a day's beach use is <br />summarized in Table 5 based on the Beach User Survey Results (presented in <br />Appendix A). <br />VVY�4.6. .....0 111.,611 n1VZ1 I Uurily Duoull ubupu vuwuy <br />Table 5 is interpreted as follows: On average the value place by respondents on <br />a day at the beach was $11.71, The 95 percent confidence interval for the <br />estimated mean value of $11.71 is plus or minus $1.03. <br />3.3 EVALUATION OF BEACH USER SURVEY RESPONDENTS <br />Table 6 was developed from beach count estimates provided by the Indian River <br />County and Vero Beach lifeguards. <br />Table 5 <br />Average Value of a Day at the Beach by Sector <br />Sector <br />Sector 3 <br />Sector 5 <br />Sector 7 <br />All <br />1 and 2 <br />Mean Value <br />$13.00 <br />$11.79 <br />$11.24 <br />$0.00 <br />$11.71 <br />95 Percent Confidence <br />Interval <br />Widih <br />3.19 <br />1.35 <br />1.70 <br />0.00 <br />1.03 <br />Lower Limit <br />$9.81 <br />$10.35 <br />$9.54 <br />$0.00 <br />$10.69 <br />Upper Limit <br />$16.19 <br />$13.12 <br />$12.94 <br />$0.bb <br />$12.74 <br />VVY�4.6. .....0 111.,611 n1VZ1 I Uurily Duoull ubupu vuwuy <br />Table 5 is interpreted as follows: On average the value place by respondents on <br />a day at the beach was $11.71, The 95 percent confidence interval for the <br />estimated mean value of $11.71 is plus or minus $1.03. <br />3.3 EVALUATION OF BEACH USER SURVEY RESPONDENTS <br />Table 6 was developed from beach count estimates provided by the Indian River <br />County and Vero Beach lifeguards. <br />
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