homedata {UsingR}R Documentation

Property assessments for Maplewood NJ

Description

This data sets contains a random sampling of property assessments for residences in Maplewood N.J. for the years 1970 and 2000.

Usage

data(homedata)

Format

A data frame with 150 observations on the following 2 variables.

y1970
Assessed value of home in 1970 (U.S. dollars)
y2000
Assessed value of home in 2000 (U.S. dollars)

Details

The township of Maplewood was obligated to reassess property values after 30 years. This dataset shows some of the changes that occurred during that time to the assessed values. Many homes went up substantially in value.

Source

The full dataset was published during a discussion on http://www.maplewoodonline.com. This is a random sampling of just the assessed values.

Examples

data(homedata)
plot(homedata)
abline(lm(y2000 ~ y1970, data=homedata))

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