ncaa_rpi: ncaa_rpi

In wooldridge: 115 Data Sets from "Introductory Econometrics: A Modern Approach, 7e" by Jeffrey M. Wooldridge

ncaa_rpi

Description

Wooldridge Source: Data on NCAA men’s basketball teams, collected by Weizhao Sun for a senior seminar project in sports economics at Michigan State University, Spring 2017. He used various sources, including www.espn.com and www.teamrankings.com/ncaa-basketball/rpi-ranking/rpi-rating-by-team. Data loads lazily.

Usage

data('ncaa_rpi')

Format

A data.frame with 336 observations on 14 variables:

• team: Name

• year: Year

• conference: Conference

• postrpi: Post Rank

• prerpi: Preseason Rank

• postrpi_1: Post Rank 1 yr ago

• postrpi_2: Post Rank 2 yrs ago

• recruitrank: Recruits Rank

• wins: Number of games won

• losses: Number of games lost

• winperc: Winning Percentage

• tourney: Tournament dummy

• coachexper: Coach Experience

• power5: PowerFive Dummy

Notes

This is a nice example of how multiple regression analysis can be used to determine whether rankings compiled by experts – the so-called pre-season RPI in this case – provide additional information beyond what we can obtain from widely available data bases. A simple and interesting question is whether, once the previous year’s post-season RPI is controlled for, does the pre-season RPI – which is supposed to add information on recruiting and player development – help to predict performance (such as win percentage or making it to the NCAA men’s basketball tournament). For the binary outcome that indicates making it to the NCAA tournament, a probit or logit model can be used for courses that introduce more advanced methods. There are some other interesting variables, such as coaching experience, that can be included, too.

Used in Text: not used

Source

http://www.cengage.com/c/introductory-econometrics-a-modern-approach-7e-wooldridge

Examples

 str(ncaa_rpi)

wooldridge documentation built on May 3, 2023, 5:06 p.m.