This is a data set on the monthly rentals of computers of different quality during the 1960s.
data.comp
A data frame with 34 observations on the following four variables:
rent | monthly rental (in dollar). |
mem | memory capacity computed from three different computer characteristics. |
access | average time required to access information from memory. |
mult | average time required to obtain and complete multiplication instruction. |
In Auer et al. (2024, Chaps. 13 & 14) these data are used to illustrate the specification of a multivariate regression model.
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.