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Money Makes The Diamond: A Creation Of A Predictive Model To Forecast On-Field Performance Through Usage Of Past Financial Data, Jacob Bowman
Honors Theses
This paper examines the feasibility of using statistics to predict win values for major league baseball. Definite correlations were discovered between a Major League organization’s finances and on-field performance. Stated correlations are used to generate a predictive model that will predict on-field outcomes. Using regression analysis, such a model is construed, and successfully predicted win ratios for Major League Baseball organizations using only available past financial data.