Housing Values in Suburbs of Boston

Arguments

crim per capita crime rate by town
zn proportion of residential land zoned for lots over 25,000 sq.ft.
indus proportion of non-retail business acres per town
chas Charles River dummy variable (= 1 if tract bounds river; 0 otherwise)
nox nitrogen oxides concentration (parts per 10 million)
rm average number of rooms per dwelling
age proportion of owner-occupied units built prior to 1940
dis weighted mean of distances to five Boston employment centres
rad index of accessibility to radial highways
tax full-value property-tax rate per $10,000
ptratio pupil-teacher ratio by town
black 1000(Bk - 0.63)^2 where Bk is the proportion of blacks by town
lstat lower status of the population (percent)
medv median value of owner-occupied homes in $1000

SUMMARY

The Boston data frame has 506 rows and 14 columns.

DATA DESCRIPTION

This data frame contains the following columns:

SOURCE

Harrison, D. and Rubinfeld, D.L. (1978) Hedonic prices and the demand for clean air. J. Environ. Economics and Management 5 81-102.

Belsley D.A., Kuh, E. and Welsch, R.E. (1980) Regression Diagnostics. Identifying Influential Data and Sources of Collinearity. New York: Wiley.


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