Description Usage Format Source Examples
Obs: 25 months
1 | data("motel")
|
A data frame with 25 observations on the following 8 variables.
time
month, 1=march 2003,.., 25=march 2005
days
days in month
motel_rate
motel room rate, $
comp_rate
competitors room rate, $
motel_pct
percentage motel occupancy
comp_pct
percentage competitors occupancy
repair
= 1 if motel under repair, = 0 otherwise
relprice
relative price = motel_rate/comp_rate
http://principlesofeconometrics.com/poe4/poe4.htm
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