Normal Distribution and the NCAA Tournament

Normal Distribution and the NCAA Tournament

Title: Normal Distribution and the NCAA Tournament
Author: Chris K. Anderson
Release: 2005-06-14
Kind: ebook
Genre: Business & Personal Finance, Books
Size: 820439
This case presents some information on the NCAA college basketball tournament and suggests a method for estimating the outcomes of games. The probability of winning is modeled as a normal distribution where the mean is based on a team's ratings. Students will be introduced to the normal distribution, sums of normal random variables and event simulations.

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