MIST 5620: Business Intelligence

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Presentation transcript:

MIST 5620: Business Intelligence Karim Jetha

What is football analytics? Four general processes comprise “analytics” Asking meaningful questions Acquiring relevant data Analyzing the data quantitatively Presenting the results The bottom line is that—if done well—analytics can provide concrete insight into making better decisions. For more on football analytics, watch “Signals: The Cowboys and the Indian,” produced by ESPN and Five Thirty Eight. http://espn.go.com/video/clip?id=12037311

What is football analytics? Modern “analytics” is different from traditional statistical analysis in two ways: Large amounts of data (“big data”) are widely available; changed nature of hypothesizing Relatively advanced algorithms are relatively inexpensive to apply Three branches of sports analytics: things that are helpful to teams, things that are interesting to fans, things that are interesting to science.

Skills required

Welcome to Smarter Basketball

Welcome to smarter basketball

Welcome to smarter basketball Until recently, it was difficult to measure a player’s defensive impact. Firms are producing new types of models to evaluate defensive play Franks, Miller, Bornn, and Goldsberry. 2015. Counterpoints: Advanced Defensive Metrics for NBA Basketball. MIT Sloan Sports Analytics Conference. Feb. 27-28. The paper is available for download at the following URL (click “Read Full Paper”) http://www.sloansportsconference.com/?p=15794

Network theory How else can we use analytics to think about sports? Social network analysis

Network theory

Moneyball

The big shift