Please use this identifier to cite or link to this item: https://ir.iimcal.ac.in:8443/jspui/handle/123456789/484
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dc.contributor.authorSarkar, Sahadeb
dc.contributor.authorBanerjee, Anirban
dc.date.accessioned2017-07-16T09:46:11Z
dc.date.accessioned2021-08-26T04:00:19Z-
dc.date.available2017-07-16T09:46:11Z
dc.date.available2021-08-26T04:00:19Z-
dc.date.issued2016-07-01
dc.identifier.urihttps://ir.iimcal.ac.in:8443/jspui/handle/123456789/484-
dc.description.abstractThis paper examines the intriguing problem of comparing great batsmen in test cricket across different eras. Traditional method of calculating a batsman‟s batting average may be justified under the assumption that runs scored in various complete and incomplete innings by a batsman form a random sample from an exponential or a geometric distribution. This assumption, however, leads to undesirably having batting inconsistency or standard deviation uniquely determined by the batting mean. To correct this drawback we propose use of the Weibull distribution model. First, the Weibull model is seen to provide a far superior fit to the test cricket data of our study. Second, the maximum likelihood estimate (MLE) of the batting standard deviation is found to provide a very sensible estimate of batting inconsistency. Third, the resulting MLE of the batting mean in case of Bradman turns out to be 109.42 instead of 99.94. Fourth, we define player longevity as a third criterion, and introduce an index for quality-runs scored as a function of opposition strength and another measure for diversity of opponent teams encountered by a player. Fifth, the Mahalanobis distance is used for overall ranking of a select group of batting greats on the basis of various combinations of these five criteria, without assigning any subjective weights to them. Finally, multivariate statistical outlier detection technique affirms two players as truly outstanding – Bradman for his batting average and quality of runs scored, and Tendulkar for his longevity and opposition diversity he faced. The proposed techniques used here may easily be applied in sports management for ranking players available for procurement, and in investment management for rating various financial assets.en_US
dc.language.isoen_USen_US
dc.publisherINDIAN INSTITUTE OF MANAGEMENT CALCUTTAen_US
dc.relation.ispartofseriesWORKING PAPER SERIES;WPS No. 784 July 2016
dc.subjectBatting consistencyen_US
dc.subjectCricketen_US
dc.subjectExponential Distributionen_US
dc.subjectMaximum Likelihood Estimateen_US
dc.subjectMahalanobis Distanceen_US
dc.subjectOutlieren_US
dc.subjectRankingen_US
dc.subjectRight-Censored Dataen_US
dc.subjectWeibull Distributionen_US
dc.titleMeasuring Batting Consistency and Comparing Batting Greats in Test Cricket: Innovative Applications of Statistical Toolsen_US
dc.typeWorking Paperen_US
Appears in Collections:2016

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