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\name{longley}\docType{data}\alias{longley}\title{Longley's Economic Regression Data}\description{A macroeconomic data set which provides a well-known example for ahighly collinear regression.}\usage{data(longley)}\format{A data frame with 7 economical variables, observed yearly from 1947 to1962 (\eqn{n=16}).\describe{\item{GNP.deflator:}{GNP implicit price deflator (\eqn{1954=100})}\item{GNP:}{Gross National Product.}\item{Unemployed:}{number of unemployed.}\item{Armed.Forces:}{number of people in the armed forces.}\item{Population:}{\sQuote{noninstitutionalized} population\eqn{\ge} 14 years of age.}\item{Year:}{the year (time).}\item{Employed:}{number of people employed.}}The regression \code{lm(Employed ~ .)} is known to be highlycollinear.}\source{J. W. Longley (1967)An appraisal of least-squares programs from the point of view of theuser.\emph{Journal of the American Statistical Association}, \bold{62},819--841.}\references{Becker, R. A., Chambers, J. M. and Wilks, A. R. (1988)\emph{The New S Language}.Wadsworth \& Brooks/Cole.}\examples{## give the data set in the form it is used in S-PLUS:data(longley)longley.x <- data.matrix(longley[, 1:6])longley.y <- longley[, "Employed"]pairs(longley, main = "longley data")summary(fm1 <- lm(Employed ~ ., data = longley))opar <- par(mfrow = c(2, 2), oma = c(0, 0, 1.1, 0),mar = c(4.1, 4.1, 2.1, 1.1))plot(fm1)par(opar)}\keyword{datasets}