USCrudes: US Crudes Data
In AER: Applied Econometrics with R

USCrudes

R Documentation

US Crudes Data

Description

Cross-section data originating from 99 US oil field postings.

Usage

data("USCrudes")

Format

A data frame containing 99 observations on 3 variables.

price: Crude prices (USD/barrel).
gravity: Gravity (degree API).
sulphur: Sulphur (in %).

Source

The data is from Baltagi (2002).

References

Baltagi, B.H. (2002). Econometrics, 3rd ed. Berlin, Springer.

Examples


data("USCrudes")
plot(price ~ gravity, data = USCrudes)
plot(price ~ sulphur, data = USCrudes)
fm <- lm(price ~ sulphur + gravity, data = USCrudes)

## 3D Visualization
library("scatterplot3d")
s3d <- scatterplot3d(USCrudes[, 3:1], pch = 16)
s3d$plane3d(fm, lty.box = "solid", col = 4)

AER documentation built on Sept. 28, 2024, 9:07 a.m.