Jump to content

Statistical Analysis of large data sample


Recommended Posts

I've got a ratings technique, I've rated over 35000 games, although for the analysis i'm about to embark on I intend to use just 20000 of them which are for the Football League ie, The Championship, League 1 and League 2. The other 15000 cover the top divisions in England, Germany and Norway, but I don't think these divisions should be used for the modelling, I do think that the three leagues I'm using are broadly similar. So with a sample of 20000 ratings and the results for these games, what statistical approach should I use? I did plot them on a scatter graph and use the best fit line to produce prices for the 1x2 market - this was quite successful and if the recommendations were followed blindly, back testing suggests it would make anything from a small loss to moderate/reasonable profits each season. I have considered using Monte Carlo analysis to produce a 1x2 price for each rating increment, i'm not quite ready to do this, I will be in a day or two, I did mess about with it a little the other week though and again it seems promising. Does anyone think there are better methods I should consider using?

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...