In question 5.3, suppose each team plays a 50-game schedule. Compute the ideal standard deviation based on

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In question 5.3, suppose each team plays a 50-game schedule. Compute the “ideal”

standard deviation based on equal playing strength, and the ratio of the actual to the ideal.

Data from question 5.3

Suppose the winning percentages in a six-team league were as follows at the end of the season—Team A: 0.750, Team B: 0.600, Team C: 0.500, Team D: 0.500, Team E:
0.400, Team F: 0.250. Compute the standard deviation of winning percentages.

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Related Book For  book-img-for-question

The Economics Of Sports

ISBN: 9780133022926

5th Edition

Authors: Michael A. Leeds, Peter Von Allmen

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