In order to determine the effects of collegiate athletic performance on applicants, you collect data on applications for a sample of Division I colleges for 1985, 1990, and 1995.
(i) What measures of athletic success would you include in an equation? What are some of the timing issues?
(ii) What other factors might you control for in the equation?
(iii) Write an equation that allows you to estimate the effects of athletic success on the percentage change in applications. How would you estimate this equation? Why would you choose this method?
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