The response is the median value of owner-occupied homes measured for each of 506 cencus tracts in the Boston area.
data(boston)A data frame with 506 observations on the following 16 variables.
c.medvnumeric response variable: median value of owner-occupied homes measured in 1000's USD
chasa factor with levels "lontano" and "vicino", indicating if a suburb tracts the bound of Charles river (= "lontano") or not
longa numeric variable: longitude
latida numeric variable: latitude of census tract
crima numeric variable: per capita crime rate per town
zna numeric variable: proportion of residential land zoned for lots over 25,000 sq.ft.
indusa numeric variable: proportion of non-retail business acres per town
noxa numeric variable: nitric oxides concentration (parts per 10 million)
rma numeric variable: average number of rooms per dwelling
agea numeric variable: proportion of owner-occupied units built prior to 1940
disa numeric variable: weighted distances to five Boston employment centers
rada numeric variable: index of accessibility to radial highways
taxa numeric variable: full-value property-tax rate per 10,000 USD
ptratioa numeric variable: pupil-teacher ratio by town
ba numeric variable: 1000(Bk - 0.63)^2 where Bk is the proportion of blacks by town
lstata numeric variable: percentage lower status of the population
Harrison, D. and Rubinfeld, D.L. (1978). Hedonic prices and the demand for clean air. J. Environ. Economics & Management, 5, 81-102.