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Good stuff Patriot. And I agree, a good idea to have a reference study.

Tiny note for those who don't see this as obvious. This:

next_W% = .65983*PW% + .17001

Which if we round is this:

next_W% = .66*PW% + .17

Can be rewritten as this:

next_W% = .66*(PW% - .500) + .500

In other words, we regress by 34%.

That .66 therefore can be rewritten as this:

162 / (162 + 83 )

That 83 is the "ballast". And this means you can have a generalized equation for any number of games. If you had for example only a 60 game season, then the predictor would be this:

next_W% = .42*(PW% - .500) + .500

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