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Fixed Effect Model
This paper attempted to examine the effect of winning percentage of NFL teams on attendance from 2008 to 2014 by employing the fixed effects model. According to our results, we can conclude that teams that win more do indeed enjoy higher game attendance. This result is what we expected, and it confirm the results of previous research by Spenner, Fenn, & Crooker (2010). Moreover, game attendance however is not purely a matter of the teams winning percentage; other factors play an important role as well. The FCI also affects the amount of fans a team will see during a season. However, contrary to our hypothesis and popular belief that if a team raises prices at the stadium that less people will go to the games, our results show that FCI actually
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