The Sweet 16 breakdown over the past 25 years looks like this:
There is a 92% chance of at least one 10 or higher seed in the Sweet 16. There is a 64% chance of 2 or more.
There is a 96% chance of at least one 5 to 7 seed. There is a 92% chance of at least 2. There is a 64% chance of at least 3. The mode is 5 (8 out of 25 years), but interestingly enough, only 8% of the time has there been 6 or more.
8 and 9 seeds making it to the Sweet 16 is very rare. It has only happened 40% of the time and only 8% of the time do 2 make it.
In aggregate, 60% of the time you will 5-7 teams that are a 5 seed or higher in your Sweet 16. 16% of the time you have 2-4, and 24% of the time you will have 8 or 9.
The current 80% confidence band is 4-8. When you look further at the change rate, last year we had 3 teams seeded 5th or lower make the Sweet 16. 84% of the time this number changes by 0 to 3 from the previous year. So that opens a window of 0 to 6.
I am looking to have 5 or 6 teams seeded 5th or lower in my Sweet 16. 1 or 2 will be a 10 seed or higher and 3 or 4 will be a 5-7 seed.
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