Re: MLB 2010: The Second Half
Proving two axioms very nicely.
1) It's not how much money you have, it's what you do with it
2) A fool and his money are soon parted.
More or less.
How to read this chart:
From 1988 through 2010 (both inclusive) I input each team's salary, wins, and losses. I then calculated winning percent and normalized each team's salary to the league average.
I set the independent variable as the normalized team salary. The first dependent variable (blue) is the average winning percent of teams who have normalized salaries greater than or equal to the independent variable. The second dependent variable (red) is the average winning percent of teams who have normalized salaries less than the independent variable.
How to read this chart:
From 1988 through 2010 (both inclusive) I input each team's salary and whether or not they made the playoffs. I then normalized each team's salary to the league average.
I set the independent variable as the normalized team salary. The independent variable (blue) is the % of teams that make the playoffs who have normalized salaries between (right side is inclusive):
0 and 0.25
0.25 and 0.50
0.50 and 0.75
0.75 and 1.00
1.00 and 1.25
1.25 and 1.50
1.50 and 1.75
1.75 and 2.00
2.00 and 2.25
2.25 and 2.50
2.50 and 2.75
2.75 and infinity
I then divided the number of playoff appearances in each range by the total number of teams that occurred in each respective range.
How to read this chart:
From 1988 through 2010 (both inclusive) I input each team's salary and whether or not they won the World Series. I then normalized each team's salary to the league average.
I set the independent variable as the normalized team salary. The independent variable (blue) is the number of World Series titles for teams who have normalized salaries between (right side is inclusive):
0 and 0.25
0.25 and 0.50
0.50 and 0.75
0.75 and 1.00
1.00 and 1.25
1.25 and 1.50
1.50 and 1.75
1.75 and 2.00
2.00 and 2.25
2.25 and 2.50
2.50 and 2.75
2.75 and infinity
I then divided the number of World Series titles in each range by the total number of teams that occurred in each respective range.
This clearly shows that the more money you spend, the more likely you are to win a world series, make the playoffs, etc.
Does it guarantee it? Most definitely not. But it sure as hell doesn't hurt.
(note: I used 1988 as the starting point since that was the best I could do in terms of finding salaries.)
