An actual-to-ideal ratio of standard deviations of winning percentages of 5 in a league means:
A) The standard deviation of winning percentages is 1/5 (20%) more than it would be in a world with absolutely balanced teams.
B) The standard deviation of winning percentages is 5 times more than it would be in a world with absolutely balanced teams.
C) The standard deviation of winning percentages in this league represents perfect competitive balance.
D) There is not enough information to determine.

Question

Quizplus · Accepted Answer

An actual-to-ideal ratio of 5 means the actual standard deviation is 5 times larger than the ideal standard deviation, indicating less balance compared to a perfectly balanced league where every team has an equal chance of winning.

An Actual-To-Ideal Ratio of Standard Deviations of Winning Percentages of 5