orange.def

incom price quant year advert

	Obs: Annual 1910-1959
 	
	
	incom	=	real per capita income in thousands of dollars
	price	=	the real price per box in dollars
	quant	=	per capita boxes of oranges sold
	year    =       year
	advert	=	real per capita advertising expenditures (in cents)


Data Source: Nerlove and Waugh (1961) and considered further by Berndt (1991).

            
    Variable |       Obs        Mean    Std. Dev.       Min        Max
-------------+--------------------------------------------------------
       incom |        50     1.02246    .2692552       .636      1.502
       price |        50     2.65488      1.0427      1.301      5.842
       quant |        50       .4529    .2116903       .114       .771
        year |        50      1934.5    14.57738       1910       1959
      advert |        50    1.305354    .7218712      .1383     2.7034