RESEARCH: PVM, SGP, and z-scores, pt. 2—Investigating replacement level
Jan 13 2017
Last month, this column took an initial look at the similarities and differences between three approaches to valuation: the Percentage Value Method (PVM), the Standings Gain Points (SGP) method, and the z-score method. Please refer back to that column for background information relevant to these three valuation systems. In a nutshell, the results of 10,000 simulated drafts showed a slight advantage for the z-score method over the other two methods, which was attributed to the well-balanced rosters that arose from that method. Based on that initial set of results, and on thoughtful reader comments posted in the article and in the BaseballHQ.com forums, this follow-up study was performed.
One of the weaknesses of the first study was that...
Almost!
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