Stumbling On Wins by David J. Berri & Martin B. Schmidt

Author:David J. Berri & Martin B. Schmidt
Language: eng
Format: epub
Publisher: FT Press
Published: 2010-08-14T16:00:00+00:00

A. Measuring Wins Produced in the NBA

Throughout the book, we mention Wins Produced for NBA players, a metric introduced in The Wages of Wins and Berri (2008). Much of the following discussion is offered for those who are interested in how this is calculated.

A Very Brief Introduction to Regression Analysis

The Wins Produced calculations are based on various regressions. For economists, regressions are often the laboratory in which we work. For many non-economists, though, the basics of regression may be unfamiliar. Fortunately, to understand our arguments one only needs to understand a few simple concepts.

Let’s start with the following simple model:

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