Normal Distribution and the NCAA Tournament
By Chris K. Anderson
- Release Date: 2005-06-14
- Genre: Business & Personal Finance
Description
This case presents some information on the NCAA college basketball tournament and suggests a method for estimating the outcomes of games. The probability of winning is modeled as a normal distribution where the mean is based on a team's ratings. Students will be introduced to the normal distribution, sums of normal random variables and event simulations.
