Ensemble Models for Predicting Binary Events

I've been following the development of prediction markets with considerable interest over the past few years. These are markets in which the opinions of many engaged experts are combined, the notion being that their combined opinion will be a better predictor of a future outcome than the opinion of any one of them. It's a notion that has proved right on many occasions.

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A First Look at the 2011 Draw

In this blog I'll be reviewing the 2011 draw in terms of Venue Experience, a term that I defined and explored in an earlier blog. A team's Venue Experience for a given game is defined as the number of times that the team has played at that game's venue during the immediately preceding 12 calendar months, including finals.

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