Projected # of NCAA Tourney Teams

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Re: Projected # of NCAA Tourney Teams

Postby paulxu » Tue Nov 25, 2014 8:47 pm

Doge McDermott wrote:
Hall2012 wrote:I don't want to get too deep into the weeds, but try running a cross-validated model or a lasso regression to fix your overfit.


I tried running both of those trails, but I still can't fit into my old pants.
...he went up late, and I was already up there.
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Re: Projected # of NCAA Tourney Teams

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Re: Projected # of NCAA Tourney Teams

Postby bmorex » Tue Nov 25, 2014 10:52 pm

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Re: Projected # of NCAA Tourney Teams

Postby BigMac » Wed Nov 26, 2014 10:42 am

Here's an "R" squared for you...
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Re: Projected # of NCAA Tourney Teams

Postby Doge McDermott » Wed Nov 26, 2014 2:58 pm

Hall2012 wrote:Thanks for the advice. Is this something you do for your career? I'm in my first semester in a Business Analytics grad program, so I'm still pretty inexperienced with this, but I was really playing around with these numbers to see what I could learn about them. Any advice/constructive criticism is very much appreciated!


A fair bit, yes. I also do a bunch of it in grad school as well.

You're building a predictive model, so what you want to do is test the accuracy of the forward looking predictions, hence the CV suggestion.

BigMac wrote:Here's an "R" squared for you...
Image
It certainly explains a great deal of why you won last night.
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