Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues
Dorian Owen
Economics Letters, 2010, vol. 109, issue 1, 38-41
Abstract:
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.
Keywords: Competitive; balance; Relative; standard; deviation; Idealized; standard; deviation; Sports; economics (search for similar items in EconPapers)
Date: 2010
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Working Paper: Limitations of the relative standard deviation of win percentages for measuring competitive balance in sports leagues (2010) 
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:109:y:2010:i:1:p:38-41
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