Pricing mages

[elmokki]

Originally Posted by legowarrior

Have you taken into account the era? Looking at the Pan through the ages, it seems you get less and less for same price as you progress through the ages.

I tested by adding boolean variables MA and LA. EA was left out to avoid perfect multicollinearity, but statistically the model is still 100% correct since that is just assumed to be in the intercept (18.87 now).

Basically the base mage price goes up by about 9, but MA reduces it by about 9 too and LA by about 11. However, neither MA or LA variables are statistically significant even at 80% confidence level. The new intercept is valid at 80%, but not at 95% (and probably not at 90% either). Thus I can safely assume that era does not affect mage prices in general.