I need help finishing my senior research paper. I switched topics mid year and I am in 5 classes right now and am really struggling with this. I have the rough draft done but there are a lot of critiques from the professor. I could really use help with these critiques and will include the rough draft with written critiques as well as more instructions from the professor.
The topic of the reseach is to examine the effects of a salary cap on competitive balance in the MLB, NBA, and NFL. I chose this topic because of the availability of data in sports. The data that was taken was regular season win percentages from 2001-2020 as well as championship data from 1964-2013. The economic tools to analyze these were the competitive balance ratio or also known as the Noll-Scully ratio for regular season data. This is found by taking the actual regular season win percentage standard deviation and dividing it by the ideal standard deviation. The other measurement was using HHI to measure the imbalance of championships in the three leagues from 1964-2013. This was measured using decades to identify the effect that salary caps had after they were imposed in the NFL and NBA. The rough draft should provide more instructions on this.
I will include the original paper instructions, rough draft, rough draft with edits, my excel book that includes all the data used and the regression outputs, and the critiques from the professor. I am not asking for you to rewrite the entire paper but just to solve the problems that are outlined in the critique. If you need access to the database I used for the references please contact me as soon as possible I am more than happy to provide my login.