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The Standard Deviation of Win Percentage for the 32 Teams

question 11

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The standard deviation of win percentage for the 32 teams in the NBA in 2005-2006 was 0.134. The NBA plays an 82 game season. The standard deviation of win percentage for the 20 teams in the English Premier League in 2005-2006 was 0.158. The EPL plays a 38 game season. The idealized win percentages for the NBA and EPL are


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Fair Market Value

The value at which an asset would be sold in a competitive bidding environment.

Capital Account

A financial statement that shows the changes in ownership interest of a country or an organization.

Accounting Records

Accounting Records are documents and ledgers that capture all financial transactions of an entity, serving as a basis for financial statements and audit.

Capital Balance

The amount of money that owners have invested in a firm minus any withdrawals made by the owners.

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