ECO371 Sports Economics For Tactical Knowledge And Regulation Of Debt

You should also preferably use a division or conference where the teams haven’t changed over the decade of results you will need. I. For the division you’ve chosen, calculate the standard deviation of winning percentages for each year over a ten year period (preferably the last decade but you can fudge on that a bit). Calculate as well the “ideal” standard deviation and present your ten years of results as ratios of the actual to the ideal. Comment on any trend you
might observe and on how the division you’ve chosen compares to the results across the five pro leagues we looked at in class. II. For three of the teams in your division (first, last, middle from last year) calculate the between season variation in winning percentage over the decade of results you have. III. Provide a listing of the division winners over the decade. Depending on how the league works you can provide the regular season winner or if the playoff structure leads to a division champion, the champion list. Calculate the Herfindahl-Hirschman index for this and comment on the result (Table 5.4 in the text gives some comparative numbers for the major pro leagues). IV. Draw a Lorenz curve for the distribution of points earned by your division in the last season you’re using. V. Drawing on what we’ve learned about factors (rules, financing etc.) that influence competitiveness, describe efforts or actions taken by the League you’ve chosen over
the past decade that might have influenced the degree of competitiveness in your league. Is there any sense in your data that such actions (or lack of them) might have
had a result?

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