Captions provided by CCTubes – Captioning the Internet! A statistical analysis of luck vs skill in sports.
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In his book, The Success Equation, Michael Mauboussin places sports on the skill-luck continuum by using a statistical technique earlier demonstrated by sports data analysts. He found that season standings for the NBA reflect skill levels more so than the seasons of other major team sports, with NHL hockey being the sport closest to the luck side of the continuum. In this video we explore the characteristics of the sports that either enhance or diminish the influence of luck on the results, and we’ll walk through the method for calculating the contribution of luck.
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