The ﬁle NBA.dta contains salary information and statistics for 269 players in the National Basketball Association (NBA).1. (8 points) What is the average age in the sample? How old is the youngest player?We are now interested in the determinants of players’ salary and we consider the following econometric models: wage = α0 + α1exper + α2points + u, (1) log(wage) = β0 + β1exper + β2points + v, (2) log(wage) = γ0 + γ1exper + γ2exper2 + &ga …
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