Hi All,
so my first thread (that isn't an introduction). I have a query I am trying to solve but not sure which formulae to use. Best way to sum it up is as follows:
Source:
the central data source(s) are a sports fixture with win/loss progression (i.e. regular rounds then Team 1/2 playoff, winner plays winner of Team 3/4 playoff) until there is a single winner (the length of the regular season is a variable)
The point system is an evenly decrementing scale relative to the total number of teams and allowable points (I.e. 120 points per round over 12 teams for example)
Interpretation:
So first thing I am trying to calculate is the win probability expressed as a percentage (i.e. a win in round 1 = "X%" for the next round with "X" being the relative service factor of points for a win [Win = 12pts = 12/120 = 0.1 = 10%] and this factor accumulates as an average (Win Rd 1 = 12pts + Loss Rd 2 = 6 pts = 18/240 etc).
Next I am trying to calculate the likelihood of winning the season no matter their position on the table, naturally if a team comes dead last in all minus one of the regular season it is statistically impossible if the overarching rules state the top 4 teams are eligible to proceed to the playoff season.
Also, also, also I want to run a scenario builder that would display in a matrix style ('x' & 'y' axis) that shows the current point tally as a sum against probability of winning the overall season.
For reference - I did try to search but without knowing which specific function can do what I require and unable to articulate any technically-correct terminology I was at a loss with results.
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