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Pay for Play: Are Baseball Salaries Based on Performance?

Pay for Play: Are Baseball Salaries Based on Performance?

The dataset, created by Mitchell Watnik of the University of Missouri-Rolla, presented in this article provides the salary and performance data for non-pitchers for the 1992 Major League Baseball season. Exploratory data analysis is used to determine a suitable regression model for the data. Other key concepts include: model selection, validation, stepwise model selection.
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