Well-defined measures of performance are readily available for baseball players, making the modeling of their salaries a popular statistical exercise. In this article, the salaries for non-pitchers for the 1992 Major League Baseball season are provided, along with numerous measures of the players' previous year's performances. Also included are indicators of each player's ability to switch teams. This dataset is useful in upper-division regression analysis courses because it exhibits many “real world” difficulties that can be remedied using techniques outlined in the course.
No takes yet. Share an insight, caveat, or question.
Mitchell Watnik (1998) studied this question.
Synapse has enriched one closely related paper. Consider it for comparative context: