

Additional Information  

Dataset Name:  Longley 

Procedure: 


Data: 
 
Model:  
This classic dataset of labor statistics was one of the first used to test the accuracy of least squares computations. The response variable (y) is the Total Derived Employment and the predictor variables are GNP Implicit Price Deflator with Year 1954 = 100 (x_{1}), Gross National Product (x_{2}), Unemployment (x_{3}), Size of Armed Forces (x_{4}), NonInstitutional Population Age 14 & Over (x_{5}), and Year (x_{6}). 