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

Preprint OPEN
P. Dorian Owen; (2009)
  • Subject: Competitive balance; Relative standard deviation; Idealized standard deviation
    • jel: jel:D63 | jel:L83

The relative standard deviation of win percentages, the most widely used measure of within-season competitive balance, has an upper bound which is very sensitive to variation in the numbers of teams and games played. Taking into account this upper bound provides additio... View more
Share - Bookmark