A thread on when it matters and... when it doesn't.
Second, both of these methods also leave us with some interesting questions such as: How different is 18 vs. 20 vs. no breakout age?
Fantasy points PPG avg = [b0, x1 ~ No breakout age] + [b1]*[x1 ~BOA = 18] + [b2]*[x2 ~BOA = 19].... and so on.
Put another way, if a player didn't have a breakout age, our equation is: FF PPG = b0
1/ if a player has no breakout age they should score the b0 (or intercept) = 3.83
2/ if a player BOA = 19, simply add the intercept, b0, to the b2... or 3.83 + 2.58 = 6.41
Well, since our null hypothesis would be BOA no impact (or the means would be the same ~ be equal to "no BOA"), we can regret the null hypothesis for ages 18, 19, and 20.
A breakout age of 18, 19, and 20 with a 20% CD threshold is statistically significant.
One method is to replace data with these outputs (here, for 30% CD BOA):
No breakout age -> 4.22
18 -> 4.22 + 5.96
19 -> 4.22+ 2.72
20 -> 4.22+ 2.59
21 -> 4.22 + 0.41
22 -> 4.22 + 0.54
23 -> 4.22 - 0.07