Memorandum
To: the Board of Minnesota Twins
From: Minyue Wu
Date: November/19/2016
Re: The Sabermetrics Approach and the rebuilding of the Twins
____________________________________
Introduction
After Chicago Cubs winning the World Series for the first time in 108 years, people have witnessed Epstein succeed in his team building strategies for the second time, while the first time is when he brought the first success in 103 years’ period to Boston Red Sox. The “sabermetrics” approach of Epstein is effective in building the team with lower cost and better player performance. While the Minnesota Twins has the worst performance in MLB in the year 2016, the board of the Twins has an urge to reform this team. In order to better rebuild the team, …show more content…
In order to find out the players with WAR in the top 10 percent, the president should conduct a Z test. While the performance of the future team members should be higher than 90 percent of the candidates, the Z score should be 1.28. Further, with the information that the president could get from the database, including the sample standard deviation, the sample mean, and the sample size, the president could figure out the number of WAR at the 90th percentile. Through conducting the Z test, the president could find the most competitive players from the candidates he chose previously and form a stronger …show more content…
With a large database, he should conduct a 70% confidence interval to choose candidates with WAR close to the sample mean. After deciding the candidates, he needs to conduct a Z test to find the players with WAR in the top 10 percent. At last, it is also important for him to understand that correlation does not mean causation and thus should not make old pitcher and homegrown players as the must have characteristics of his future team members.
Conclusion
To conclude, Epstein’s Moneyball approach is to use statistical methods to find out the gifted players who are currently undervalued from the huge baseball player population. When apply this approach, the board of the Twins and the new president should pay attention to the statistical concepts to make a wise decision. If the new president could keep in mind of these statistical concepts, it is highly possible that he would successfully rebuild the Minnesota Twins with the “sabermetrics” approach and able to create a legend in the
To: the Board of Minnesota Twins
From: Minyue Wu
Date: November/19/2016
Re: The Sabermetrics Approach and the rebuilding of the Twins
____________________________________
Introduction
After Chicago Cubs winning the World Series for the first time in 108 years, people have witnessed Epstein succeed in his team building strategies for the second time, while the first time is when he brought the first success in 103 years’ period to Boston Red Sox. The “sabermetrics” approach of Epstein is effective in building the team with lower cost and better player performance. While the Minnesota Twins has the worst performance in MLB in the year 2016, the board of the Twins has an urge to reform this team. In order to better rebuild the team, …show more content…
In order to find out the players with WAR in the top 10 percent, the president should conduct a Z test. While the performance of the future team members should be higher than 90 percent of the candidates, the Z score should be 1.28. Further, with the information that the president could get from the database, including the sample standard deviation, the sample mean, and the sample size, the president could figure out the number of WAR at the 90th percentile. Through conducting the Z test, the president could find the most competitive players from the candidates he chose previously and form a stronger …show more content…
With a large database, he should conduct a 70% confidence interval to choose candidates with WAR close to the sample mean. After deciding the candidates, he needs to conduct a Z test to find the players with WAR in the top 10 percent. At last, it is also important for him to understand that correlation does not mean causation and thus should not make old pitcher and homegrown players as the must have characteristics of his future team members.
Conclusion
To conclude, Epstein’s Moneyball approach is to use statistical methods to find out the gifted players who are currently undervalued from the huge baseball player population. When apply this approach, the board of the Twins and the new president should pay attention to the statistical concepts to make a wise decision. If the new president could keep in mind of these statistical concepts, it is highly possible that he would successfully rebuild the Minnesota Twins with the “sabermetrics” approach and able to create a legend in the