Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues

The relative standard deviation of win percentages, widely used to measure competitive balance, has an upper bound which varies with the numbers of teams and games played. Accounting for this upper bound provides additional insights into competitive balance comparisons.

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Veröffentlicht in:Economics letters 2010-10, Vol.109 (1), p.38-41
1. Verfasser: Owen, P. Dorian
Format: Artikel
Sprache:eng
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Zusammenfassung:The relative standard deviation of win percentages, widely used to measure competitive balance, has an upper bound which varies with the numbers of teams and games played. Accounting for this upper bound provides additional insights into competitive balance comparisons.
ISSN:0165-1765
1873-7374
DOI:10.1016/j.econlet.2010.07.012