As you may be aware by now, Georgia Tech ISyE professor (and chair of the senior design program when I completed it) Dr. Joel Sokol is the leader of a team of professors who developed a statistical model meant for predicting college basketball outcomes, especially when it comes to the NCAA Tournament. The model is named the "Logistic Regression/Markov Chain" (after the two primary mathematical techniques it employs), or "LRMC" for short. Basically, the system is used to "rank" each team in Division I based on a variety of metrics, and then those rankings are applied to the bracket in simple fashion -- whichever team is ranked higher in any prospective match-up gets the nod, and is predicted to move forward.
Basketball: Georgia Tech's Chances in the NIT, per the LRMC
