R: US Crudes Data

USCrudes {AER} | R Documentation

## US Crudes Data

### Description

Cross-section data originating from 99 US oil field postings.

### Usage

    data("USCrudes")

### Format

A data frame containing 99 observations on 3 variables.

price

  Crude prices (USD/barrel).

gravity

  Gravity (degree API).

sulphur

  Sulphur (in %).

### Source

The data is from Baltagi (2002).

### References

Baltagi, B.H. (2002). Econometrics, 3rd ed. Berlin, Springer.

### See Also

`Baltagi2002`

### Examples

    data("USCrudes")
    plot(price ~ gravity, data = USCrudes)
    plot(price ~ sulphur, data = USCrudes)
    fm <- lm(price ~ sulphur + gravity, data = USCrudes)

    ## 3D Visualization
    if(require("scatterplot3d")) {
      s3d <- scatterplot3d(USCrudes[, 3:1], pch = 16)
      s3d$plane3d(fm, lty.box = "solid", col = 4)
    }

[Package AER version 1.2-5 Index]