Develop a model for predicting a players salary. For predictor variables, consider age (quadratic effect), height, weight,
Question:
Develop a model for predicting a player’s salary. For predictor variables, consider age (quadratic effect), height, weight, and relevant performance measures. Use model selection criteria to assess the choice of predictor variables as well as the functional form (linear or exponential). In order to estimate these models, you will have to first filter the data to include only career statistics based on regular seasons. Exclude players with no information on salary. Interpret your results with reference to well-formatted figures and tables.
Player | Name | Position | Age | Height | Weight | Salary | Season | Postseason | Team | Games_played | Games_started | Minutes | FG_made | FG_attempted | FG_percent | 3P_made | 3P_attempted | 3P_percent | FT_made | FT_attempted | FT_percent | Rebound_off | Rebound_def | Assists | Blocks | Steals | Fouls | Turnovers | Points |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '99-'00 | FALSE | CHI | 72 | 63 | 31.1 | 4.3 | 10.5 | 0.407 | 0.8 | 2.7 | 0.314 | 2.6 | 3.9 | 0.674 | 0.9 | 3.4 | 2.8 | 0.5 | 1.7 | 2.2 | 2.3 | 12 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '00-'01 | FALSE | CHI | 76 | 74 | 31.1 | 4.3 | 10.7 | 0.401 | 0.6 | 1.9 | 0.291 | 2.8 | 3.7 | 0.75 | 0.8 | 3.1 | 3 | 0.6 | 2 | 3.3 | 2.1 | 11.9 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '01-'02 | FALSE | CHI | 27 | 26 | 30.5 | 5.6 | 13 | 0.433 | 1.3 | 3.4 | 0.396 | 3 | 4.8 | 0.628 | 1.5 | 3.4 | 2.9 | 0.9 | 2.8 | 4 | 2.6 | 15.6 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '01-'02 | FALSE | IND | 28 | 24 | 29.3 | 4.2 | 10.2 | 0.411 | 0.6 | 2.8 | 0.215 | 2 | 2.7 | 0.733 | 1.2 | 3.8 | 1.8 | 0.6 | 2.4 | 3.9 | 1.8 | 10.9 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '02-'03 | FALSE | IND | 69 | 67 | 33.6 | 5.2 | 12.3 | 0.428 | 1 | 3.1 | 0.336 | 4 | 5.4 | 0.736 | 1.5 | 3.8 | 2.9 | 0.7 | 2.3 | 3.5 | 2.1 | 15.5 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '03-'04 | FALSE | IND | 73 | 71 | 37.2 | 6.4 | 15.2 | 0.421 | 1 | 3.3 | 0.31 | 4.4 | 6 | 0.733 | 1.4 | 3.9 | 3.7 | 0.7 | 2.1 | 2.7 | 2.8 | 18.3 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '04-'05 | FALSE | IND | 7 | 7 | 41.6 | 8.4 | 17 | 0.496 | 1 | 2.4 | 0.412 | 6.7 | 7.3 | 0.922 | 1.1 | 5.3 | 3.1 | 0.9 | 1.7 | 3.9 | 2.4 | 24.6 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '05-'06 | FALSE | IND | 16 | 16 | 37.7 | 6.8 | 14.8 | 0.46 | 1.1 | 3.4 | 0.333 | 4.6 | 7.6 | 0.612 | 1.6 | 3.3 | 2.2 | 0.7 | 2.6 | 2.8 | 2.7 | 19.4 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '05-'06 | FALSE | SAC | 40 | 40 | 40.1 | 6 | 15.8 | 0.383 | 1.5 | 5 | 0.302 | 3.3 | 4.6 | 0.717 | 1.2 | 4 | 4.2 | 0.8 | 2 | 3 | 2.2 | 16.9 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '06-'07 | FALSE | SAC | 70 | 65 | 37.7 | 6.5 | 14.9 | 0.44 | 1.3 | 3.7 | 0.358 | 4.4 | 5.9 | 0.74 | 1.5 | 5 | 3.4 | 0.6 | 2.1 | 2.9 | 2.1 | 18.8 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '07-'08 | FALSE | SAC | 57 | 54 | 38.1 | 7.6 | 16.9 | 0.453 | 1.5 | 3.9 | 0.38 | 3.7 | 5.2 | 0.719 | 1.8 | 4 | 3.5 | 0.7 | 2.3 | 2.8 | 2.6 | 20.5 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '08-'09 | FALSE | HOU | 69 | 55 | 35.5 | 6 | 15 | 0.401 | 2.2 | 5.6 | 0.399 | 2.8 | 3.8 | 0.748 | 0.9 | 4.3 | 3.3 | 0.3 | 1.5 | 2.2 | 2 | 17.1 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '09-'10 | FALSE | LAL | 77 | 77 | 33.8 | 4 | 9.6 | 0.414 | 1.4 | 3.8 | 0.355 | 1.7 | 2.4 | 0.688 | 1.3 | 3 | 3 | 0.3 | 1.4 | 2.1 | 1.6 | 11 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '10-'11 | FALSE | LAL | 82 | 82 | 29.4 | 3.2 | 8 | 0.397 | 1 | 2.8 | 0.356 | 1.1 | 1.7 | 0.676 | 1.2 | 2 | 2.1 | 0.4 | 1.5 | 2.2 | 1.1 | 8.5 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '11-'12 | FALSE | LAL | 64 | 45 | 26.9 | 2.9 | 7.3 | 0.394 | 0.9 | 3 | 0.296 | 1.1 | 1.8 | 0.617 | 1.1 | 2.3 | 2.2 | 0.4 | 1.1 | 2.1 | 1.1 | 7.7 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '12-'13 | FALSE | LAL | 75 | 66 | 33.7 | 4.4 | 11 | 0.403 | 1.9 | 5.5 | 0.342 | 1.7 | 2.3 | 0.734 | 1.4 | 3.6 | 1.5 | 0.6 | 1.6 | 2.6 | 1.3 | 12.4 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '13-'14 | FALSE | NY | 29 | 1 | 13.4 | 1.9 | 4.9 | 0.397 | 0.6 | 1.9 | 0.315 | 0.3 | 0.6 | 0.625 | 0.6 | 1.4 | 0.6 | 0.3 | 0.8 | 1.5 | 0.7 | 4.8 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '15-'16 | FALSE | LAL | 35 | 5 | 16.9 | 1.6 | 5.1 | 0.311 | 0.7 | 2.4 | 0.31 | 1.1 | 1.6 | 0.702 | 0.5 | 2 | 0.8 | 0.3 | 0.6 | 1.9 | 0.4 | 5 |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | Career | FALSE | 966 | 838 | 32.4 | 4.8 | 11.6 | 0.415 | 1.2 | 3.5 | 0.34 | 2.7 | 3.7 | 0.716 | 1.2 | 3.4 | 2.7 | 0.5 | 1.8 | 2.7 | 1.8 | 13.5 | |
25 | Metta World Peace | SF | 36 | 79 | 260 | 947276 | '01-'02 | TRUE | IND | 5 | 5 | 33.4 | 4.4 | 10.8 | 0.407 | 1.2 | 2.6 | 0.462 | 1.8 | 2.6 | 0.692 | 1.2 | 4.8 |
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Business AnalyticsISBN: 9781265897109 2nd Edition Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen
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