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Monday, 14 July 2014 15:09

Nate Silver on the Smart Play for LeBron James and Other Data Points

I wouldn’t normally write about sports on this blog …or at all, really, but here’s an unexpected development: Today, famed statistician and data geek Nate Silver revealed that he and his company, FiveThirtyEight, ran a data analysis on whether LeBron James should stay with Miami or move to Cleveland.

It may seem like an unusual mix, but sports is actually Silver’s original stomping ground. He first made a name for himself by developing the Player Empirical Comparison and Optimization Test Algorithm, a system for forecasting Major League Baseball player performance.

As you might expect, the results are a bit controversial. After all, this is the man who gave us “No, really, your polls are wrong about Mitt Romney winning.”

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http://www.itbusinessedge.com/blogs/integration/nate-silver-on-the-smart-play-for-lebron-james-and-other-data-points.html