Date of Last Revision

2023-05-03 05:05:10

Major

Statistics - Actuarial Science

Degree Name

Bachelor of Science

Date of Expected Graduation

Spring 2018

Abstract

The purpose of this essay will be to examine the effectiveness of the James-Stein estimator, and its application to baseball and the saber metrics movement. This report will utilize James-Stein theorem and average prediction error to predict the batting averages, slugging percentage, and OPS with only the first 50 at bats of the 2017 season. Also, this report will provide graphs, charts, and data to prove that the James-Stein estimator is an improvement of the MLE in terms of expected loss.

Research Sponsor

Dr. Richard Einsporn

First Reader

Dr. Mark Fridline

Second Reader

Dr. Nao Mimoto

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