• Prices_and_EarningsDownload .TXT file Open in Data Desk ?Link
  • Methods: Correlation, Re-expression, Scatterplot
  • Source: USB - Prices and Earning: A comparison of purchasing power around the globe/2012 edition www.economist.com/node/14288808?story_id=14288808
  • Number of Cases: 72
  • Story:

    UBS (one of the largest banks in the world) prepared
    a report comparing prices, wages, and other economic conditions in cities around the world for it’s international clients. Some of the variables it measured in 73 cities are Cost of Living, Food Costs, Average Hourly Wage, average number of Working Hours per Year, average number of Vacation Days, hours of work (at the average wage) needed to buy an iPhone, minutes of work needed to buy a Big Mac, and Women’s Clothing Cost.


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