Housing Values in Suburbs of Boston
SUMMARY:
The
Boston
data frame has 506 rows and 14 columns.
DATA DESCRIPTION:
This data frame contains the following columns:
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
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.