The data arise from a large postal survey on the psychology of debt.
data(debt)A data frame with 464 observations on the following 13 variables.
income group (1=lowest, 5=highest)
security of housing tenure (1=rent, 2=mortgage, 3=owned outright)
number of children in household
is the respondent a single parent?
age group (1=youngest)
does the respondent have a bank account?
does the respondent have a building society account?
self-rating of money management skill (high values=high skill)
how often did s/he use credit cards (1=never... 3=regularly)
does s/he buy cigarettes?
does s/he buy Christmas presents for children?
score on a locus of control scale (high values=internal)
score on a scale of attitudes to debt (high values=favourable to debt
All yes/no questions are coded 0=no, 1=yes. Locus of control is a personality measure introduced by Rotter, which claims to differentiate people according to how much they feel things that happen to them are as a result of processes within themselves (internal locus of control) or outside events (external locus of control).