cfb {UsingR} | R Documentation

## Bootstrap sample from the Survey of Consumer Finances

### Description

A bootstrap sample from the “Survey of Consumer Finances”.

### Usage

    data(cfb)

### Format

A data frame with 1000 observations on the following 14 variables.

WGT
  Weights to comensate for undersampling. Not applicable
AGE
  Age of participants
EDUC
  Education level (number of years) of participant
INCOME
  Income in year 2001 of participant
CHECKING
  Amount in checking account for participant
SAVING
  Amount in savings accounts
NMMF
  Total directly-held mutual funds
STOCKS
  Amount held in stocks
FIN
  Total financial assets
VEHIC
  Value of all vehicles (includes autos, motor homes, RVs, airplanes, boats)
HOMEEQ
  Total home equity
OTHNFIN
  Other financial assets
DEBT
  Total debt
NETWORTH
  Total net worth

### Details

The SCF dataset is a comprehensive survey of consumer finances sponsored by the United States Federal Reserve, http://www.federalreserve.gov/pubs/oss/oss2/2001/scf2001home.html.

The data is oversampled to compensate for low response in the upper brackets. To compensate, weights are assigned. By bootstrapping the data with the weights, we get a “better” version of a random sample from the population.

### Source

http://www.federalreserve.gov/pubs/oss/oss2/2001/scf2001home.html

### Examples

    data(cfb)
    attach(cfb)
    mean(INCOME)

[Package UsingR version 0.1-4 Index]