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Normal Distribution and the NCAA Tournament - Chris K. Anderson

By Chris K. Anderson

Release Date: 2005-06-14

Genre: Business & Personal Finance

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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.

Normal Distribution and the NCAA Tournament - Chris K. Anderson

By Chris K. Anderson

Release Date: 2005-06-14

Genre: Business & Personal Finance

(0 ratings)
Read Download
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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