BigMac2003: World cities data

In alr3: Data to Accompany Applied Linear Regression 3rd Edition

Description

Prices in many world cities from a 2003 Union Bank of Switzerland report.

Format

This data frame uses the name of the city as row names, and contains the following columns:

BigMac

Minutes of labor to purchase a Big Mac

Bread

Minutes of labor to purchase 1 kg of bread

Rice

Minutes of labor to purchase 1 kg of rice

FoodIndex

Food price index (Zurich=100)

Bus

Cost in US dollars for a one-way 10 km ticket

Apt

Normal rent (US dollars) of a 3 room apartment

TeachGI

Primary teacher's gross income, 1000s of US dollars

TeachNI

Primary teacher's net income, 1000s of US dollars

TaxRate

Tax rate paid by a primary teacher

TeachHours

Primary teacher's hours of work per week:

Source

Union Bank of Switzerland report, Prices and Earnings Around the Globe (2003 version). The 2015 edition is available from https://www.ubs.com/microsites/prices-earnings/prices-earnings.html.

References

Weisberg, S. (2005). Applied Linear Regression, 3rd edition. New York: Wiley, Problem 7.5.

Examples

head(BigMac2003)

alr3 documentation built on May 2, 2019, 5:39 a.m.