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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? 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 • Frequency Distributions
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 • 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