qhic {npsm}

qhic

Description

A regression example with response yearly upkeep of a home and the predictor value of home; see Bowerman et al. (2005) and Exercise 4.9.8 of Kloke and McKean (2014)/Exercise 7.6.2 of Kloke and McKean (2024).

Usage

data(qhic)

Format

Forty observations on two variables.

upkeep

annual upkeep expenditure of home (y)

value

value of the home (x)

References

Bowerman, B.L., O'Connell, R.T., and Koehler, A.B. (2005), Forecasting, time series, and regression: An applied approach, Australia: Thomson.

Kloke, J. and McKean, J.W. (2014), Nonparametric statistical methods using R, Boca Raton, FL: Chapman-Hall. Kloke, J. and McKean, J.W. (2024), Nonparametric statistical methods using R, Second Edition, Boca Raton, FL: Chapman-Hall.

Examples

plot(upkeep~value,data=qhic,xlab='Value (in $1000s)',ylab='Annual upkeep (in $10s)')