search for: mn2010

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2011 Jan 27
1
normalizing prizes to a specific year - how to?
Dear list I have a large data frame with house prices. Prices have been converted to price per m2, to be able to compare. Prices are spread over almost 10 years, each price is tagged with the year it relates to. I would like to 'normalize' all the prices to, eg. 2010 prices. The data frame looks like this > head(dafP) Y P 1 2004 11199.60 2 2005 15310.10 3 2005 19491.50 4