Zach Samuels and I wrote a paper for the 2010 MIT Sloan Sports Analytics Conference, and we’re going this weekend to present it. This is the first year that they had an academic paper portion of the conference, so we’ll see how it goes.
Our paper deals with head-to-head sports fantasy leagues, where managers compete against each other, usually during a week. In a head-to-head matchup, the competing managers try to best the other in a majority of the statistical categories that are being fought for by the players on their teams. A naive strategy, probably implemented by the vast majority of fantasy managers (myself included), attempts to simply pick the best players available in the draft, which roughly corresponds to just aiming to be good at all statistical categories. What we showed, however, is that there are many strategies involving “punting” (i.e. not caring about) categories that defeats this naive strategy.
What I have now is a large (and ever-growing) data set from these simulations that I want to analyze further.
For our simulations, we sampled all statistics with a Gaussian Distribution. Truthfully enough, the lack of time before the paper deadline was a large reason I stuck to this, but it’s time to consider what is more appropriate. For example, here are the career points statistics for Kobe Bryant (thanks to Google Charts and my nifty Java back-end for it):
So you see, a normal distribution looks feasible, especially when you take out the zero-point games, most likely games he didn’t play in at all. However, for other statistics, especially low-valued statistics (like turnovers), the situation is a little different:
This histogram SCREAMS binomial distribution (with p = .35 or thereabouts). I may just have to punt myself and just sample directly from the discrete distribution obtained from all historical data!
I am a big fan of getting things on the cheap. That’s why I’ve been a fan of
So – I can pay $5.95 to get a warranty for a product I paid $4.75 for. Additionally, if you go to the main page of BuyShield, you will be greeted with a statistic: