A selection committee member gave me $100 to invest. I gained 190% the first year. I lost 90% the second year. $29 was left. He was very happy with the average 50% return and the one quality year. I told him the geometric mean was more important. He didn’t know what I was talking about.
Sigh...
All of last week I was thinking, if the selection committee has any brains at all, we’re a shoo-in for the tournament. The top measure of a team’s future performance is KenPom, which had us at 32. The top measure of a team’s past performance is Strength of Record, which had us at 31.