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desk (version 1.1.2)

data.comp: Monthly Rentals and Qualitative Characteristics of Computers

Description

This is a data set on the monthly rentals of computers of different quality during the 1960s.

Usage

data.comp

Arguments

Format

A data frame with 34 observations on the following four variables:

rentmonthly rental (in dollar).
memmemory capacity computed from three different computer characteristics.
accessaverage time required to access information from memory.
multaverage time required to obtain and complete multiplication instruction.

Details

In Auer et al. (2024, Chaps. 13 & 14) these data are used to illustrate the specification of a multivariate regression model.

References

Auer, L.v., Hoffmann, S. & Kranz, T. (2024): Ökonometrie - Das R-Arbeitsbuch, 2nd ed., Springer-Gabler (https://www.oekonometrie-lernen.de).

Chow, G.C. (1967): Technological Change and the Demand for Computers. The American Economic Review, 57, 1117–1130.

Berndt, E.R. (1990): The Practice of Econometrics: Classic and Contemporary. Addison-Wesley, 136-142.