hprice1: hprice1

In wooldridge: 115 Data Sets from "Introductory Econometrics: A Modern Approach, 7e" by Jeffrey M. Wooldridge

hprice1

Description

Wooldridge Source: Collected from the real estate pages of the Boston Globe during 1990. These are homes that sold in the Boston, MA area. Data loads lazily.

Usage

data('hprice1')

Format

A data.frame with 88 observations on 10 variables:

• price: house price, $1000s

• assess: assessed value, $1000s

• bdrms: number of bdrms

• lotsize: size of lot in square feet

• sqrft: size of house in square feet

• colonial: =1 if home is colonial style

• lprice: log(price)

• lassess: log(assess

• llotsize: log(lotsize)

• lsqrft: log(sqrft)

Notes

Typically, it is very easy to obtain data on selling prices and characteristics of homes, using publicly available data bases. It is interesting to match the information on houses with other information – such as local crime rates, quality of the local schools, pollution levels, and so on – and estimate the effects of such variables on housing prices.

Used in Text: pages 110, 153-154, 160-161, 165, 211-212, 221, 222, 234, 278, 280, 299, 307

Source

https://www.cengage.com/cgi-wadsworth/course_products_wp.pl?fid=M20b&product_isbn_issn=9781111531041

Examples

 str(hprice1)

wooldridge documentation built on May 3, 2023, 5:06 p.m.