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 
## -4.1999 -0.3524  0.0298  0.4074  2.0443 
## 
## Coefficients:
##                       Estimate Std. Error t value Pr(>|t|)    
## (Intercept)          6.9625324  0.4391919  15.853  < 2e-16 ***
## Overall             -0.0011672  0.0041123  -0.284  0.77654    
## Reputation2          0.4087263  0.0225303  18.141  < 2e-16 ***
## Reputation3          0.7066106  0.0414373  17.053  < 2e-16 ***
## Reputation4          1.0991885  0.0957692  11.477  < 2e-16 ***
## Reputation5          1.0978518  0.2687642   4.085 4.43e-05 ***
## PositionDefence      0.0652526  0.0156639   4.166 3.12e-05 ***
## PositionGoalKeeper   0.0829468  0.0208774   3.973 7.13e-05 ***
## PositionMidField    -0.0452574  0.0145190  -3.117  0.00183 ** 
## Age                 -0.2450915  0.0201163 -12.184  < 2e-16 ***
## I(Age^2)             0.0052675  0.0003486  15.112  < 2e-16 ***
## log(ReleaseClauseM)  0.8240345  0.0182782  45.083  < 2e-16 ***
## Potential           -0.0448949  0.0032458 -13.832  < 2e-16 ***
## PreferredFootRight  -0.0167341  0.0123060  -1.360  0.17390    
## WeakFoot             0.0046851  0.0082992   0.565  0.57240    
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.6545 on 16628 degrees of freedom
## Multiple R-squared:  0.7166, Adjusted R-squared:  0.7164 
## F-statistic:  3003 on 14 and 16628 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 
## -4.1779 -0.3183  0.0069  0.3769  1.7866 
## 
## Coefficients:
##                               Estimate Std. Error t value Pr(>|t|)    
## (Intercept)                  1.1365836  0.3163111   3.593 0.000328 ***
## Overall                     -0.0270132  0.0053317  -5.067 4.09e-07 ***
## Reputation2                  4.5260286  0.3813615  11.868  < 2e-16 ***
## Reputation3                  7.2596790  0.8703952   8.341  < 2e-16 ***
## Reputation4                  6.0804889  2.4520766   2.480 0.013158 *  
## Reputation5                 -0.0180312  7.4156254  -0.002 0.998060    
## PositionDefence             -0.2801362  0.1368832  -2.047 0.040720 *  
## PositionGoalKeeper           0.3612059  0.1635087   2.209 0.027182 *  
## PositionMidField             0.1003695  0.1292723   0.776 0.437513    
## Age                         -0.0527248  0.0137868  -3.824 0.000132 ***
## I(Age^2)                    -0.0005276  0.0002316  -2.278 0.022762 *  
## log(ReleaseClauseM)         -0.4600007  0.0459866 -10.003  < 2e-16 ***
## ClubName01RealMadrid         1.3823143  0.1128068  12.254  < 2e-16 ***
## ClubName02FCBarcelona        1.3498758  0.1119643  12.056  < 2e-16 ***
## ClubName03ManchesterUnited   1.3401202  0.1097094  12.215  < 2e-16 ***
## ClubName04BayernMunich       0.8904437  0.1213252   7.339 2.25e-13 ***
## ClubName05ManchesterCity     1.2303374  0.1108022  11.104  < 2e-16 ***
## ClubName06Chelsea            1.1889839  0.1112412  10.688  < 2e-16 ***
## ClubName07Arsenal            1.3058003  0.1095129  11.924  < 2e-16 ***
## ClubName08LiverPool          1.1818711  0.1096828  10.775  < 2e-16 ***
## ClubName09TottenhamHotspur   1.0896153  0.1097556   9.928  < 2e-16 ***
## ClubName10Juventus           1.1493840  0.1320130   8.707  < 2e-16 ***
## ClubName11ParisSaintGernain  0.9704856  0.1160314   8.364  < 2e-16 ***
## ClubName12AtleticoMadrid     0.4992789  0.1096320   4.554 5.30e-06 ***
## ClubName13BorussiaDortmund   0.6770616  0.1111728   6.090 1.15e-09 ***
## ClubName14Schalke            0.2902902  0.1177778   2.465 0.013722 *  
## ClubName15InterMilan         0.7728634  0.1372954   5.629 1.84e-08 ***
## ClubName16Roma               0.7921451  0.1252659   6.324 2.62e-10 ***
## ClubName17WestHamUnited      1.0716848  0.1102698   9.719  < 2e-16 ***
## ClubName18Milan              1.1004553  0.1278667   8.606  < 2e-16 ***
## ClubName19Everton            1.2005130  0.1137394  10.555  < 2e-16 ***
## ClubName20NewCastleUnited    0.7683098  0.1116137   6.884 6.04e-12 ***
## Overall:Reputation2         -0.0594399  0.0051120 -11.628  < 2e-16 ***
## Overall:Reputation3         -0.0956908  0.0108127  -8.850  < 2e-16 ***
## Overall:Reputation4         -0.0835253  0.0285696  -2.924 0.003465 ** 
## Overall:Reputation5         -0.0197650  0.0816987  -0.242 0.808840    
## Overall:PositionDefence      0.0039281  0.0020551   1.911 0.055969 .  
## Overall:PositionGoalKeeper  -0.0071413  0.0024916  -2.866 0.004161 ** 
## Overall:PositionMidField    -0.0025807  0.0019397  -1.330 0.183393    
## Overall:Age                  0.0019983  0.0002016   9.912  < 2e-16 ***
## Overall:log(ReleaseClauseM)  0.0144038  0.0005578  25.823  < 2e-16 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 0.6194 on 16602 degrees of freedom
## Multiple R-squared:  0.7466, Adjusted R-squared:  0.746 
## F-statistic:  1223 on 40 and 16602 DF,  p-value: < 2.2e-16

Linear FGLS 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, weights = 1/expValue)
## 
## Weighted Residuals:
##      Min       1Q   Median       3Q      Max 
## -22.2177  -1.2810   0.0214   1.3310  15.3772 
## 
## Coefficients:
##                               Estimate Std. Error t value Pr(>|t|)    
## (Intercept)                  1.3048426  0.1817696   7.179 7.34e-13 ***
## Overall                     -0.0347967  0.0033487 -10.391  < 2e-16 ***
## Reputation2                  5.0519753  0.3013205  16.766  < 2e-16 ***
## Reputation3                  8.4739056  0.4556591  18.597  < 2e-16 ***
## Reputation4                  7.6066111  0.6947075  10.949  < 2e-16 ***
## Reputation5                  3.7668548  5.3390697   0.706 0.480493    
## PositionDefence             -0.0489372  0.0655351  -0.747 0.455235    
## PositionGoalKeeper           0.2525926  0.0754116   3.350 0.000811 ***
## PositionMidField             0.0627033  0.0606446   1.034 0.301176    
## Age                         -0.0442231  0.0083736  -5.281 1.30e-07 ***
## I(Age^2)                    -0.0009160  0.0001890  -4.847 1.27e-06 ***
## log(ReleaseClauseM)         -0.5695032  0.0249919 -22.788  < 2e-16 ***
## ClubName01RealMadrid         1.3986289  0.0454392  30.780  < 2e-16 ***
## ClubName02FCBarcelona        1.4080802  0.0370620  37.993  < 2e-16 ***
## ClubName03ManchesterUnited   1.3949332  0.0301026  46.339  < 2e-16 ***
## ClubName04BayernMunich       0.9225028  0.0403786  22.846  < 2e-16 ***
## ClubName05ManchesterCity     1.2802798  0.0459012  27.892  < 2e-16 ***
## ClubName06Chelsea            1.2075110  0.0365542  33.033  < 2e-16 ***
## ClubName07Arsenal            1.3186801  0.0450088  29.298  < 2e-16 ***
## ClubName08LiverPool          1.2355570  0.0447252  27.626  < 2e-16 ***
## ClubName09TottenhamHotspur   1.1294632  0.0429837  26.277  < 2e-16 ***
## ClubName10Juventus           1.2619236  0.0356716  35.376  < 2e-16 ***
## ClubName11ParisSaintGernain  1.0124881  0.0412074  24.571  < 2e-16 ***
## ClubName12AtleticoMadrid     0.5074795  0.0491034  10.335  < 2e-16 ***
## ClubName13BorussiaDortmund   0.7530335  0.0361910  20.807  < 2e-16 ***
## ClubName14Schalke            0.2999346  0.0498514   6.017 1.82e-09 ***
## ClubName15InterMilan         0.7614566  0.0340099  22.389  < 2e-16 ***
## ClubName16Roma               0.8480737  0.0558770  15.178  < 2e-16 ***
## ClubName17WestHamUnited      1.1154165  0.0409990  27.206  < 2e-16 ***
## ClubName18Milan              1.2161890  0.0634998  19.153  < 2e-16 ***
## ClubName19Everton            1.2246698  0.0574843  21.304  < 2e-16 ***
## ClubName20NewCastleUnited    0.7987862  0.0427117  18.702  < 2e-16 ***
## Overall:Reputation2         -0.0659380  0.0039375 -16.746  < 2e-16 ***
## Overall:Reputation3         -0.1095003  0.0055511 -19.726  < 2e-16 ***
## Overall:Reputation4         -0.1001260  0.0080312 -12.467  < 2e-16 ***
## Overall:Reputation5         -0.0609518  0.0577714  -1.055 0.291417    
## Overall:PositionDefence      0.0004120  0.0009997   0.412 0.680278    
## Overall:PositionGoalKeeper  -0.0055672  0.0012304  -4.525 6.09e-06 ***
## Overall:PositionMidField    -0.0017342  0.0009248  -1.875 0.060774 .  
## Overall:Age                  0.0022147  0.0001316  16.825  < 2e-16 ***
## Overall:log(ReleaseClauseM)  0.0154520  0.0003014  51.263  < 2e-16 ***
## ---
## Signif. codes:  0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
## 
## Residual standard error: 2.094 on 16602 degrees of freedom
## Multiple R-squared:  0.9304, Adjusted R-squared:  0.9302 
## F-statistic:  5545 on 40 and 16602 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