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alr4 (version 1.0.5)

UBSprices: UBS price data

Description

The international bank UBS produces a report on prices in major world cities every three years. This data.frame includes price data for a 1 kg loaf of bread, 1 kg of rice and for a Big Mac hamburger, for the years 2003 and 2009. All these prices are measured in the minutes of labor required by the typical worker in that country to buy the product, so it adjusts for currency, wages and price levels.

Usage

data(UBSprices)

Arguments

Format

A data frame with 54 observations on the following 6 variables.
bigmac2009
2009 Big Mac price, in minutes of labor
bread2009
2009 Bread price, in minutes of labor
rice2009
2009 Rice price, in minutes of labor
bigmac2003
2003 Big Mac price, in minutes of labor
bread2003
2003 Bread price, in minutes of labor
rice2003
2003 Rice price, in minutes of labor

Details

City names are the row labels.

Examples

Run this code
data(UBSprices)
## maybe str(UBSprices) ; plot(UBSprices) ...

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