Economic Valuation for Cultural and Passive Ecosystem Services Using a Stated Preference (Contingent Valuation Method (CVM)) Case of the Elgeyo Watershed Ecosystem, Kenya

Table 2

Descriptive statistics on HH socioeconomics.

Socioeconomic parameters	N	Minimum	Maximum	Mean	Std. deviation
Age	357	20	85	45.2 ± 0.6	12.0
Period lived in the area	359	1	79	38.4 ± 0.9	17.4
Total HH size	368	1	20	6.2 ± 0.1	2.2
Land size	372	0.25	100	6.2 ± 0.5	8.9
TLU	374	0	35.2	3.9 ± 0.2	3.8
Net income (KES)	334	1,000.00	3,060,000.00	173,140.90 ± 13,226.1	241,716.39
Time (min) to the forest	370	1	640	122.7 ± 6.7	129.6
Distance (km) to the forest	369	0.05	35	3.9 ± 0.3	4.9