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    Final Dat 121 Presentation

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    Final Dat 121 Presentation

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    final dat 121 presentation

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    29 views1 page

    Final Dat 121 Presentation

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    © All Rights Reserved
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    of 1

    Why Some Athletes Get Paid More

    Evan Hayes, Aaron Tandatnick, Matthew Magnani


    Washington University in St. Louis: Managerial Statistics II

    Motivation Key Results Removed


    Professional sports serve as a way for the average person to view We developed a multiple linear regression in Excel to evaluate the Minutes Played, Field Goal Percentage, Turnovers, Player Efficiency
    the highest caliber of athletes showcasing their staggering talents. relationship between NBA players' Salaries and ten basketball statistics. Rating, and Usage Percentage were initial variables we considered but
    In a truly remarkable display of peak human performance, the The model’s Significance Factor is 2.05E-103, lower than our ultimately removed due to a lack of significance in our model or
    spectacle that these athletes create captures the attention and significance level of 𝛂 = 0.05–indicating that the model is statistically incomplete data.
    wallets of billions of people worldwide, generating an significant. For each variable, the p-value (provided in Excel MLR) was
    extraordinary amount of revenue. Spearheading and organizing compared to the 𝛂 = 0.05. Age is the most statistically significant
    these athletic performances, The National Basketball Association variable, followed by PTS, WS, 3PT%, and BPM. Conclusion
    (NBA) has a widespread reach and popularity amongst fans
    Our findings generate several implications for general managers of NBA
    domestically and internationally, which contributes to its major Figure 1: Age Ratio franchises. First, the residual analysis is helpful in finding undervalued
    stream of revenue. Thus, the purpose of this research is to
    outliers. Players like Ja Morant, Desmond Bane, and Jordan Poole are all
    determine what statistical factors influence a player’s salary. With
    outliers because their contracts do not reflect their statistical output.
    this study, we hope to potentially shed light on why certain players
    Managers can gain a competitive advantage by identifying these players.
    earn their specific salaries, as well as what on-court factors have
    On the opposite end of the spectrum, our model can help managers avoid
    the strongest influence on the grand total.
    rewarding maximum contracts to players with low statistical output, such
    as Russell Westbrook and John Wall.

    Initial Hypothesis
    Our initial hypothesis was that players that played more would
    get paid more. This is because they are putting in more time on
    the court and if they were to play more, it would be more likely
    they were a better player as well.
    Figure 2: Three-Point %

    Data Sources
    We found our data on basketballreference.com. Basketball
    Reference is the official statistics provider of the NBA - the data
    is credible and consistent. The website contains box scores on
    every NBA game since 1996, with both standard and advanced
    basketball statistics. Our dataset focuses on the most recent
    season, 2022-2023, with observations on 467 players.

    postersession.c
    om

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