Checking model
Terminal Models
Within-league signed gap · Model A
+0.093
95% CI +0.063 to +0.124 · about +10%
01 / 07 · The gap
Residual = actual − predicted. Right of zero: under-predicted
| Row | Estimate | 95% CI low | 95% CI high |
|---|---|---|---|
| UEFA players (mean residual) | −0.0188 | −0.0341 | −0.0028 |
| Non-UEFA players (mean residual) | 0.0780 | 0.0516 | 0.1043 |
| Gap, raw (non-UEFA minus UEFA) | 0.0968 | 0.0666 | 0.1264 |
| Gap, within leagues (primary measure) | 0.0933 | 0.0629 | 0.1240 |
Mean absolute error
Mean signed residual
Both groups are missed by about the same amount (MAE gap +0.011, interval includes zero), but in opposite directions: UEFA players slightly over-predicted, non-UEFA players under-predicted.
The served model predicts non-UEFA players +0.253 log units higher on average; these are the inputs that account for that difference. They describe the model's arithmetic, not causes, and they are about predictions, not about the gap in errors above.
Under Model A, non-UEFA players' market values sit about +10% above the model's estimate relative to UEFA players in the same leagues (about €362k per player, a figure dominated by expensive players). Removing league and club moves the gap from +0.093 to +0.164: context explains part of it; a clear gap remains.