Title | : | Normal Distribution and the NCAA Tournament |
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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. |