Title

The Effect of Goals Scored on Soccer Players' Salaries

Date

6-1-2017 9:15 AM

End Time

1-6-2017 9:30 AM

Location

WUC Calapooia Room

Department

Business and Economics

Session Chair

John Leadley

Session Title

Business & Economics

Faculty Sponsor(s)

John Leadley

Presentation Type

Presentation

Abstract

Our research question is whether the salary of a center forward in the UEFA Champions League can be explained by the number of goals scored in previous seasons. To control for other factors, we will also look at minutes played and seasons with the team. The Mahalanobis Distance will test for X outliers, and Casewide Diagnostics as well as Cook’s distance will test for Y outliers. Tests for both statistical significance and economic significance we be conducted. The study will address omitted variables bias, multicollinearity, sample selection bias, heteroskedasticity, and simultaneous equations. In conclusion, the study found that the amount of goals scored had the most effect on salary. Minutes played had a smaller effect, and seasons with the team had no effect at all.

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Jun 1st, 9:15 AM Jun 1st, 9:30 AM

The Effect of Goals Scored on Soccer Players' Salaries

WUC Calapooia Room

Our research question is whether the salary of a center forward in the UEFA Champions League can be explained by the number of goals scored in previous seasons. To control for other factors, we will also look at minutes played and seasons with the team. The Mahalanobis Distance will test for X outliers, and Casewide Diagnostics as well as Cook’s distance will test for Y outliers. Tests for both statistical significance and economic significance we be conducted. The study will address omitted variables bias, multicollinearity, sample selection bias, heteroskedasticity, and simultaneous equations. In conclusion, the study found that the amount of goals scored had the most effect on salary. Minutes played had a smaller effect, and seasons with the team had no effect at all.