Method for determining fair market value of product lease equipment in a multi-price structure environment

摘要

The method first defines a population for Product Cash Revenue and a population for Product Lease Revenue and calculating the mean, median, and variance of the populations and determining therefrom the normality of each of the distributions. Next, the variances of each of the distributions are compared for equivalency by a Homogeneity of Variance test. If each of the distributions are not normal and the variances are not equal then the fair market value is not determinable. Otherwise, if each of the distributions are not normal and the variances are equal then the method further comprises determining if the medians of each of the distributions are equivalent by Mann-Whitney. If the medians of each of the distributions are not equivalent then the values of the leases are adjusted by the lowest constant in whole dollars until the means of each distribution are equivalent. However, if the medians of each of the distributions are equivalent then the cash population is equivalent to the lease population for fair market value purposes. If each of the distributions are normal then the means of each of the distributions need to be compared for equality wherein if the variances are equal then the test for determining if the means are equal is a T-Test for equal variances and if the variances are not equal then the test for determining if the means are equal is a T-Test for unequal variances. If the means are equivalent then the cash population is equivalent to the lease population for fair market value purposes but if the means are not equivalent then the values of the leases need to be adjusted by the lowest constant in whole dollars until the means of each distribution are equivalent.