What factors affect the salary of nba players
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What factors affect the salary of NBA Players?. Dawn Hewlett Amberly Jones Tia Midgett. What factors affect NBA players salary. Years of college basketball experience Years in the NBA Age Points per game. Methodology. Random Sample To find 6 teams (87 players) to use for sample

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What factors affect the salary of nba players

What factors affect the salary of NBA Players?

Dawn Hewlett

Amberly Jones

Tia Midgett


What factors affect nba players salary
What factors affect NBA players salary

  • Years of college basketball experience

  • Years in the NBA

  • Age

  • Points per game


Methodology
Methodology

  • Random Sample

    • To find 6 teams (87 players) to use for sample

  • Frequency Distributions


Results
Results

  • Mean salary of sample is $4,429,894.12

  • Median salary of sample is $2,892,333.50

  • Standard deviation of sample salaries is






Covariance factor factor avg 199 902 789 582 806 43 1
Covariance=(factor-factor avg)($199,902,789-$582,806) 43-1

  • College Experience:

    • (83-1.93)($199,902,789 - $582,806) = 3.85

      43-1

  • Years in NBA

    • (225-5.23)($199,902,789 - $582,806)1.04

      43-1

  • Age

    • (1143-26.58)($199,902,789 - $582,806) = 5.3

      43-1

  • Points per Game

    • (343-7.98)($199,902,789 - $582,806)= 1.6

      43-1



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