Date of Completion
Business Analytics | Econometrics | Finance | Finance and Financial Management | Other Statistics and Probability | Sports Management | Statistical Models
In this paper we review several measures to statistically analyze competitive balance and report which leagues have a wider variance of performance amongst its competitors. Each league seeks to maintain high levels of parity, making matches and overall season more unpredictable and appealing to the general audience. Here we quantify competitive advantage across major sports leagues in numbers using several statistical methods in order for leagues to optimize their revenue.
Alwell, Kevin, "Analyzing Competitive Balance in Professional Sport" (2020). Honors Scholar Theses. 650.