Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues
Owen, P. Dorian
Cite this item:
Owen, P. D. (2010). Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues (Economics Discussion Papers Series No. 908). Department of Economics, University of Otago. Retrieved from http://hdl.handle.net/10523/1127
Permanent link to OUR Archive version:
http://hdl.handle.net/10523/1127
Abstract:
The relative standard deviation of win percentages, the most widely used measure of within-season competitive balance, has an upper bound which is very sensitive to variation in the numbers of teams and games played. Taking into account this upper bound provides additional insight into comparisons of competitive balance across leagues or over time.
Date:
2010-03-01
Publisher:
Department of Economics, University of Otago
Pages:
13
Series number:
908
Keywords:
Competitive balance; Relative standard deviation; Idealized standard deviation
Research Type:
Discussion Paper
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- Economics [315]
- Discussion Paper [438]