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10/12/2022: MLB, CFB, NFL, Poe, Dennehy & Naughton

Wharton Moneyball

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How Does Bayesian Work for Simulations?

A team moving up the distribution and down the distribution does not have symmetric effects. A proper sim is going to you're going to send the outcome of a game, but then you've got to update your estimate of the underlying power in some way. This is where Bayesian is very powerful because it actually allows you to build this in without having that much observations"

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