Housing data for 506 census tracts of Boston from the 1970
census. The dataframe boston contains the corrected data by Harrison and
Rubinfeld (1979). The data was for a few minor errors and augmented with the
latitude and longitude of the observations.
The original data can be found in the references below.
data(boston)The original data are 506 observations on 14 variables,
medv being the target variable:
cmedv | corrected median value of owner-occupied homes in USD 1000's |
crim | per capita crime rate by town |
indus | proportion of non-retail business acres per town |
nox | nitric 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 distances to five Boston employment centres |
rad | index of accessibility to radial highways |
tax | full-value property-tax rate per USD 10,000 |
ptratio | pupil-teacher ratio by town |
b | \(1000(B - 0.63)^2\) where \(B\) is the proportion of blacks by town |
lstat | percentage of lower status of the population |
Harrison, D. and Rubinfeld, D.L. (1978). Hedonic prices and the demand for clean air. Journal of Environmental Economics and Management, 5, 81--102.
Gilley, O.W., and R. Kelley Pace (1996). On the Harrison and Rubinfeld Data. Journal of Environmental Economics and Management, 31, 403--405. [Provided corrections and examined censoring.]
Newman, D.J. & Hettich, S. & Blake, C.L. & Merz, C.J. (1998). UCI Repository of machine learning databases [http://www.ics.uci.edu/~mlearn/MLRepository.html]. Irvine, CA: University of California, Department of Information and Computer Science.
Pace, R. Kelley, and O.W. Gilley (1997). Using the Spatial Configuration of the Data to Improve Estimation. Journal of the Real Estate Finance and Economics, 14, 333--340. [Added georeferencing and spatial estimation.]