30 March 2009

Statistics, Economics, and the NCAA

One of the professors with whom I work found an article on a New York Times blog entitled "When Losing Leads to Winning." He presented it to one of his undergraduate classes and asked them to evaluate the procedure and whether the evidence supported the conclusions. In particular, he focused on the graph below. I decided to present it to those of my readers who might be statistically inclined.

1 comment:

Anonymous said...

I sure wouldn't bet on the underdog at halftime from that plot!