icecream {orcutt}

Ice Cream Consumption

Description

four weekly observations from 1951-03-18 to 1953-07-11 in United States (30 observations)

Usage

data("icecream")

Format

A data frame with 30 observations on the following 4 variables.

price

price of ice cream (per pint);

cons

consumption of ice cream per head (in pints);

income

average family income per week (in US Dollars);

temp

average temperature (in Fahrenheit);

Source

Hildreth, C. and J. Lu (1960) Demand relations with autocorrelated disturbances, Technical Bulletin No 2765, Michigan State University.

References

Verbeek M. (2004) A guide to modern econometrics, John Wiley & Sons Ltd

Examples

data(icecream)
summary(icecream)