Does Race Affect NBA Players Salary?

The NBA is constantly accused of race affecting the players salary. The research conducted will be able to help determine if that is actually the case or not. Using variables such as assist ratings, rebound ratings, and field goal ratings, and using race as a dummy variable, I was able to come to a conclusion on if the players race played a role in their salary or not. With using just the simple amount of performance variables, I was able to conclude that the NBA players do not get paid according to their skin color

Effects of Health and Marital Status on Financial Well-Being

We have chosen to investigate the correlation between an individual’s marital status and health on their financial well-being. Our analysis utilizes data gathered from the Consumer Financial Protection Bureau’s report done on 59 adult consumers and 30 financial practitioners. The results indicate that an individual who is in good health and married has a higher financial well-being score than an individual who is in poor health and unmarried

Average Perception of the Middle Class

Studies such as that conducted by Charolett Wold for Investopedia have found an increasing amount of individuals with an ultra-high net worth. However, studies such as CNBC’s Make It have found inconsistencies between individuals actual class rank, and their perception of their class rank. We decided to test contributing factors to an individual\u27s perception of being middle class; such as political affiliation, as well as geographical locatio

Explaining Student Loan Default Rates Across U.S. Universities

The question being asked in this research paper is what explains student loan default rates across the three types of United States universities. The three types of universities are non-profit, for-profit, and public. This paper uses regression analysis to regress several explanatory variables on the dependent variable, which is the default rate. The explanatory variables used are the median SAT scores for incoming freshman, admission percentage, the average net price to attend a university for students, percentage of the student body who is black, percentage of the student body who is taking all online classes, non-profit universities, and for-profit universities. The public universities variable is used as the base level group. The most important finding from this research is that high default rates do not rest on the university, but the type of students the university caters to

What Factors Affect Income Inequality?

A major issue impacting the world economy today is income inequality. Our research examines the relationship that income inequality has on gross domestic product (GDP) and other contributing factors. Contrary to popular belief, income inequality may not be good for an economy. Low levels of inequality have a positive correlation with economic growth while high levels have a negative one. Our research analyzes the differences in income inequality between regions. Indicators from the world bank will be analyzed to validate our expectations

Is a Country’s Aggregate Income Related to Its Level of Happiness?

The Easterlin paradox suggests that a greater level of economic prosperity does not translate into more happiness for a society. We investigate this paradox using a methodology new to this literature called quantile regression (QR) analysis. We find evidence that aggregate income is statistically related to a nation’s average level of happiness, but (i) the magnitude of this relationship is relatively modest, and (ii) greater levels of income bring about smaller and smaller increases in a nation’s happiness. These results provide a more nuanced understanding of the empirical support for and against the Easterlin paradox

Financial Well-Being in the United States

The goal of our research project is to discover the factors that contribute to financial well-being in the United States. We used an interaction term to see how the effect of marriage on financial well-being changes by gender. We found that the socio-economic variables were statistically significant in explaining the financial well-being score. The financial skills score allowed us to control for additional factors that are subjective assessments from respondents. The interaction term is statistically significant and illustrates that women of all marital statuses have lower financial well-being scores than men of the same marital status

Is Home Field Advantage Present In the NFL?

In this research project, we are trying to reject the null hypothesis that there is no home field advantage in the NFL. This is important because if there is a true home field advantage in the NFL, we would be able to more accurately predict the scores of future NFL games based on the teams that are playing, they in-game statistics, and who is the home and away teams. Our main findings include that there is a significant relationship between time of possession, first down, turnovers, and third down conversions and the score of the game. However, there is no statistical evidence of a home field advantage in the NFL. There are teams that tend to have a better score margin when at home than on the road, yet, as a whole, NFL teams and their score margins are not affected by whether or not they are at home or on the road

Average Income in Relation to Political Stance

The purpose of this study is to show statistical significance in the relationship between average state income and how states voted in the United States 2016 election. This will be accomplished by adding several control variables such as unemployment rates, crime rates and geographical location. Geographical location has been separated into five different regions, the northeast, southeast, midwest, southwest, and west

How Do Personal Remittances Affect Income Inequality?

We research the effects of personal remittances sent to a country on that country\u27s degree of income inequality. Based on data we collected for the World Bank Databank from 1970 to present we compared the effect that remittances have on the income share held by the top 20 percent of the population vs their effect on income share held by lowest 20 percent. The results from comparing the two models indicate that personal remittances decrease the spread of income leading to a decrease in the income gap of lower to middle income countries. This is due to their greater effect on the income of the lowest 20 percent over the income of the highest. Our findings are similar to those of previous studies on the effects of remittances on income