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Table 3 Descriptive statistics of continuous variables.

From: Looking out for a better mitigation strategy: smallholder farmers’ willingness to pay for drought-index crop insurance premium in the Northern Region of Ghana

Variables

Observation

Mean

SD

Minimum

Maximum

WTP/Ha (GHS)

303

180

38.38

60

500

Farmer_Exp (years)

315

19.20

8.89

3

50

Household_Size

315

13.38

5.21

3

25

Age (years)

315

36.43

10.14

18

70

Income (GHS)

315

1130.32

1064.86

50

7000

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Agriculture & Food Security

ISSN: 2048-7010