Statsketball is Back: Bolster Your Brackets with the Power of Statistics
January 30, 2018
“I have warned many times about the guaranteed dangers of betting with your heart instead of your head…but every once in a while you get a fair chance to have it both ways, and the annual NCAA Basketball Tournament is one of them.”
Each year as March approaches, basketball fans hustle to pull together their NCAA Men’s Basketball Tournament bracket predictions.
Everyone has their own personal method of bracketology. For some, it’s about having fun in a battle of the mascots, while others take the opportunity to enact their alma mater fantasies of victory; others keep it simple and go with the team closest to home court or the Vegas betting odds.
Our preferred method? Statistics, of course.
In fact, the business and strategy of basketball—and all sports—is driven largely by statistics today, from draft picks to what plays to make on the court.
But just because you do your brackets by the numbers doesn’t mean it’s straightforward. Statistics is the science of learning from data. With all of the data available today, statistical thinking and techniques can help you make sense of it all to optimize your picks.
In Statsketball, it’s up to you to decide.
With our two Statsketball challenges, you’re not only competing to see who can make the best bracket predictions, but also for who applies the strongest statistical methodology. More details to follow soon!
Ready to take the court? Get started with these additional resources:
From monitoring pandemic impacts, to election projections, to social justice causes, the biggest issues of these times all have one thing in common: Statisticians and data scientists play an important role. So, it’s no surprise the new year’s job rankings put statisticians and data scientists high on their lists, continuing a trend of high rankings…
This year been unpredictable and unprecedented for everyone. With the dramatic shift in the U.S. workforce and economy due to COVID-19, you may be wondering,“Is a statistics still a good career option for me?” Although the future may seem unknown for many, don’t fear, future statisticians! There are countless opportunities to put your stats skills toward important and fulfilling work, including human rights, international development,…