You can agree with the premise and disagree with how the variable is integrated in the model. 1/3 of the rating comes from 10 games... this can only decrease the accuracy of the indicator. This makes no sense for me because a 10 game sample is just too small... The SOS variability is too large and affect the rating too much (over a season the difference in SOS should be very small) it also gives too much weight to each game (what if you have one 40pts win in these 10 games? What happen when a team save their top players for playoffs when the other try to secure a spot in the playoffs?)...
The only reason why Hollinger includes the last 10 games adjustment is because he has a weakly issue and does not want to produce the same ranking over and over again.

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