READING DATA INTO R ENVIRONMENT

Loading the Rda File

## [1] 16643    22

Data columns

##  [1] "ID"             "Name"           "Age"            "Nationality"   
##  [5] "Overall"        "Potential"      "Club"           "ClubName"      
##  [9] "ClubTop20"      "WageK"          "PreferredFoot"  "Reputation"    
## [13] "WeakFoot"       "SkillMoves"     "Position"       "ShortPassing"  
## [17] "Dribbling"      "BallControl"    "Agility"        "Stamina"       
## [21] "StandingTackle" "ReleaseClauseM"

REGRESSION MODELING

Linear OLS Model

## 
## Call:
## lm(formula = log(WageK) ~ Overall + Reputation + Position + Age + 
##     I(Age^2) + log(ReleaseClauseM) + Potential + PreferredFoot + 
##     WeakFoot, data = FifaF.df)
## 
## Residuals:
##     Min      1Q  Median      3Q     Max 
## -4.2440 -0.3523  0.0286  0.4064  2.0433 
## 
## Coefficients:
##                      Estimate Std. Error t value Pr(>|t|)    
## (Intercept)          6.706841   0.436975  15.348  < 2e-16 ***
## Overall             -0.001792   0.004103  -0.437  0.66229    
## Reputation           0.371764   0.015136  24.562  < 2e-16 ***
## PositionDefence      0.067032   0.015648   4.284 1.85e-05 ***
## PositionGoalKeeper   0.084457   0.020868   4.047 5.21e-05 ***
## PositionMidField    -0.044318   0.014513  -3.054  0.00226 ** 
## Age                 -0.248595   0.020057 -12.394  < 2e-16 ***
## I(Age^2)             0.005342   0.000347  15.393  < 2e-16 ***
## log(ReleaseClauseM)  0.829789   0.018090  45.871  < 2e-16 ***
## Potential           -0.045402   0.003238 -14.022  < 2e-16 ***
## PreferredFootRight  -0.016647   0.012307  -1.353  0.17618    
## WeakFoot             0.004468   0.008298   0.538  0.59032    
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.6546 on 16631 degrees of freedom
## Multiple R-squared:  0.7165, Adjusted R-squared:  0.7163 
## F-statistic:  3821 on 11 and 16631 DF,  p-value: < 2.2e-16

Linear OLS Model With Interactions

## 
## Call:
## lm(formula = log(WageK) ~ Overall + Reputation * Overall + Position * 
##     Overall + Age * Overall + I(Age^2) + log(ReleaseClauseM) * 
##     Overall + ClubName, data = FifaF.df)
## 
## Residuals:
##     Min      1Q  Median      3Q     Max 
## -4.1479 -0.3205  0.0058  0.3781  1.7769 
## 
## Coefficients:
##                               Estimate Std. Error t value Pr(>|t|)    
## (Intercept)                 -2.0506022  0.3930844  -5.217 1.84e-07 ***
## Overall                      0.0149748  0.0060452   2.477  0.01325 *  
## Reputation                   3.2493878  0.1924419  16.885  < 2e-16 ***
## PositionDefence             -0.2456961  0.1365431  -1.799  0.07197 .  
## PositionGoalKeeper           0.4157328  0.1630854   2.549  0.01081 *  
## PositionMidField             0.1368923  0.1288628   1.062  0.28811    
## Age                         -0.0545283  0.0137843  -3.956 7.66e-05 ***
## I(Age^2)                    -0.0004449  0.0002311  -1.925  0.05421 .  
## log(ReleaseClauseM)         -0.4157518  0.0442614  -9.393  < 2e-16 ***
## ClubName01RealMadrid         1.4226278  0.1112464  12.788  < 2e-16 ***
## ClubName02FCBarcelona        1.4013660  0.1114758  12.571  < 2e-16 ***
## ClubName03ManchesterUnited   1.3260976  0.1096395  12.095  < 2e-16 ***
## ClubName04BayernMunich       0.9084557  0.1205059   7.539 4.99e-14 ***
## ClubName05ManchesterCity     1.2177416  0.1103438  11.036  < 2e-16 ***
## ClubName06Chelsea            1.1663267  0.1111259  10.496  < 2e-16 ***
## ClubName07Arsenal            1.2761248  0.1092554  11.680  < 2e-16 ***
## ClubName08LiverPool          1.1397804  0.1093700  10.421  < 2e-16 ***
## ClubName09TottenhamHotspur   1.0539714  0.1094970   9.626  < 2e-16 ***
## ClubName10Juventus           1.1385160  0.1305838   8.719  < 2e-16 ***
## ClubName11ParisSaintGernain  0.9965978  0.1158573   8.602  < 2e-16 ***
## ClubName12AtleticoMadrid     0.4767140  0.1095087   4.353 1.35e-05 ***
## ClubName13BorussiaDortmund   0.6502416  0.1110730   5.854 4.88e-09 ***
## ClubName14Schalke            0.2765630  0.1176804   2.350  0.01878 *  
## ClubName15InterMilan         0.7262132  0.1367188   5.312 1.10e-07 ***
## ClubName16Roma               0.7501971  0.1250271   6.000 2.01e-09 ***
## ClubName17WestHamUnited      1.0502315  0.1102258   9.528  < 2e-16 ***
## ClubName18Milan              1.0669173  0.1277652   8.351  < 2e-16 ***
## ClubName19Everton            1.1860534  0.1137374  10.428  < 2e-16 ***
## ClubName20NewCastleUnited    0.7723772  0.1116966   6.915 4.85e-12 ***
## Overall:Reputation          -0.0424204  0.0024697 -17.177  < 2e-16 ***
## Overall:PositionDefence      0.0034025  0.0020496   1.660  0.09692 .  
## Overall:PositionGoalKeeper  -0.0079876  0.0024850  -3.214  0.00131 ** 
## Overall:PositionMidField    -0.0031392  0.0019330  -1.624  0.10440    
## Overall:Age                  0.0019746  0.0002013   9.807  < 2e-16 ***
## Overall:log(ReleaseClauseM)  0.0137977  0.0005307  25.997  < 2e-16 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.6199 on 16608 degrees of freedom
## Multiple R-squared:  0.7461, Adjusted R-squared:  0.7456 
## F-statistic:  1435 on 34 and 16608 DF,  p-value: < 2.2e-16

Linear FGLS Model With Interaction

## 
## Call:
## lm(formula = log(WageK) ~ Overall + Reputation * Overall + Position * 
##     Overall + Age * Overall + I(Age^2) + log(ReleaseClauseM) * 
##     Overall + ClubName, data = FifaF.df, weights = 1/expValue)
## 
## Weighted Residuals:
##      Min       1Q   Median       3Q      Max 
## -20.6599  -1.2812   0.0186   1.3456  14.7928 
## 
## Coefficients:
##                               Estimate Std. Error t value Pr(>|t|)    
## (Intercept)                 -1.7720147  0.2569293  -6.897 5.51e-12 ***
## Overall                      0.0038200  0.0040997   0.932   0.3515    
## Reputation                   3.3299654  0.1385116  24.041  < 2e-16 ***
## PositionDefence              0.0209140  0.0773483   0.270   0.7869    
## PositionGoalKeeper           0.4029608  0.0893785   4.508 6.57e-06 ***
## PositionMidField             0.1166810  0.0726471   1.606   0.1083    
## Age                         -0.0485803  0.0090375  -5.375 7.74e-08 ***
## I(Age^2)                    -0.0009069  0.0001917  -4.731 2.26e-06 ***
## log(ReleaseClauseM)         -0.5324762  0.0250739 -21.236  < 2e-16 ***
## ClubName01RealMadrid         1.4740364  0.0733964  20.083  < 2e-16 ***
## ClubName02FCBarcelona        1.4178394  0.0636550  22.274  < 2e-16 ***
## ClubName03ManchesterUnited   1.3642719  0.0425470  32.065  < 2e-16 ***
## ClubName04BayernMunich       0.8931520  0.0428228  20.857  < 2e-16 ***
## ClubName05ManchesterCity     1.3052069  0.0564578  23.118  < 2e-16 ***
## ClubName06Chelsea            1.1492766  0.0584032  19.678  < 2e-16 ***
## ClubName07Arsenal            1.3281445  0.0538913  24.645  < 2e-16 ***
## ClubName08LiverPool          1.1846893  0.0494799  23.943  < 2e-16 ***
## ClubName09TottenhamHotspur   1.0964744  0.0456038  24.043  < 2e-16 ***
## ClubName10Juventus           1.1832106  0.0614047  19.269  < 2e-16 ***
## ClubName11ParisSaintGernain  1.0465588  0.0558575  18.736  < 2e-16 ***
## ClubName12AtleticoMadrid     0.4818259  0.0653609   7.372 1.76e-13 ***
## ClubName13BorussiaDortmund   0.7511664  0.0472479  15.898  < 2e-16 ***
## ClubName14Schalke            0.2918868  0.0504066   5.791 7.14e-09 ***
## ClubName15InterMilan         0.7260866  0.0408269  17.785  < 2e-16 ***
## ClubName16Roma               0.8104539  0.0524494  15.452  < 2e-16 ***
## ClubName17WestHamUnited      1.1064500  0.0430245  25.717  < 2e-16 ***
## ClubName18Milan              1.2052435  0.0504367  23.896  < 2e-16 ***
## ClubName19Everton            1.2084044  0.0638139  18.936  < 2e-16 ***
## ClubName20NewCastleUnited    0.7968193  0.0462036  17.246  < 2e-16 ***
## Overall:Reputation          -0.0433231  0.0017181 -25.216  < 2e-16 ***
## Overall:PositionDefence     -0.0007108  0.0012141  -0.585   0.5583    
## Overall:PositionGoalKeeper  -0.0081084  0.0014882  -5.449 5.15e-08 ***
## Overall:PositionMidField    -0.0026312  0.0011450  -2.298   0.0216 *  
## Overall:Age                  0.0023131  0.0001458  15.865  < 2e-16 ***
## Overall:log(ReleaseClauseM)  0.0151070  0.0003034  49.788  < 2e-16 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 2.077 on 16608 degrees of freedom
## Multiple R-squared:  0.8875, Adjusted R-squared:  0.8872 
## F-statistic:  3852 on 34 and 16608 DF,  p-value: < 2.2e-16

INTERACTION PLOTS

Interaction Plots between Overall Rating & Reputation

Interaction Plots between Overall Rating & Position

Interaction Plots between Overall Rating & Age (in Years)

Interaction Plots between Overall Rating & Release Clause