R. Tronstad, IMPORTANCE OF MELON TYPE, SIZE, GRADE, CONTAINER, AND SEASON IN DETERMINING MELON PRICES, Journal of agricultural and resource economics, 20(1), 1995, pp. 32-48
Classification and Regression Trees (CART), a computer intensive nonpa
rametric classification method, was used to model weekly Los Angeles w
holesale prices (1990-93) for twelve different melon types. CART expla
ined more of the variation in melon prices than did an ordinary least
squares (OLS) regression with dummy variables. Explanatory variables r
anked as the most-to-least important by CART are as follows: week, typ
e of melon, year, size, grade, and shipping container. The most notabl
e price change occurs when prices fall after 13 May.