Archive for the ‘CFP – BCS’ Category

Vindication for the CFP selection committee (and Rev. Bayes)

January 13, 2015

Hooray.  Bucks 42, Ducks 20

The College Football Playoff Selection Committee took a lot of heat when they seeded OSU in the tourney.

Well, last nite’s game vindicated the committee.

Also vindicated was Rev. Thomas Bayes.

You know, the guy who developed Bayes’ Theorem.

Here’s what I mean …

clip_image002

In my Strategic Business Analytics course we cover Bayesian Inference … applications of Bayes’ Theorem … how to statistically adjust your so-called “prior beliefs” when you get new evidence.

Even I admit that sometimes the subject can get a bit dry …

So let’s bring it to life…

(more…)

There’s already one big winner in the College Football Playoffs …

December 16, 2014

AdAge ran an article asking “Is the College Football Playoff the Next Super Bowl?”

Answer: Maybe … and maybe not.

The article had a couple of interesting tidbit’s about the CFP’s economics.

ESPN bought exclusive broadcast rights for 12 years of the semi-final games and national championship game as part of a 12-year media rights deal announced in 2012 that reportedly cost $7.3 billion.

Now, that’s big business!

clip_image001

 

Buried deep in the article was an incidental piece of info that caught my eye … a sure-fire winner.

(more…)

Numbers game: College Football Playoff replaces controversy with, uh, controversy.

December 8, 2014

The College Football Playoff was supposed to end the collegiate National Championship controversy, right?

For openers, let me disclose that I’m an Ohio State fan … raised in Ohio … big brother played for the legendary Woody Hayes … many relatives only wear scarlet & gray.

And, I’m a big Urban Meyer fan … loyal readers see my E + R = O post every couple of months since it’s one of my favs.

So, I was delighted to see the Buckeyes womp Wisconsin (59-0) behind a 3rd string quarterback in his first collegiate start … strip the nation’s leading running back of his Heisman trophy hopes … and, give the CFP selection committee a heavy dose of heartburn.

clip_image002
clip_image003

 

For years, college sports fans loved to hate the Bowl Championship Series … the system for designating a so-called “National Champion”.

(more…)