Reference no: EM131068239
Moneyball Assignment
Read the book Moneyball or watch the movie Moneyball and answer the following questions in a 3.0 page double spaced report.
1. How did Billy Bean, General Manager of the Oakland Athletics use Statistics to redefine how players are evaluated and how teams are managed in Major League Baseball?
2. Financial Impact: How did his use of statistics and his "Moneyball" Philosophy impact the organization financially? Discuss salaries of teams such as the Oakland Athletics vs. the New York Yankees. Research today's 2016 salaries - are the Oakland Athletics still using the Moneyball strategy? (Discuss and provide evidence).
3. Why do you think it has taken this long for statistics to be properly used to evaluate and manage major league baseball players?
4. The Cleveland Browns National Football League (NFL) team has now hired Paul DePodesta (the Real-life Moneyball executive of the Oakland Athletics baseball team) to the position of Chief Strategy Officer. In short the Cleveland Browns are going to pioneer the "Moneyball" concept the NFL. What metrics are they using to identify talent? Research three articles on the (Cleveland Browns + Moneyball + NFL Draft) and comment on actions they are already taken to deploy the concept of Moneyball. Do you think this will translate to success in the NFL like it did for the Oakland Athletics?
5. How did this activity help you apply the course materials? What fundamental principles, generalizations, or theories in Statistics were you able to learn from this activity?
6. What value did you receive during this activity?
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