Question: 1 ) Use the standard deviation approach to calculate competitive balance for one NBA division . 2 ) What is a reverse - order entry

1) Use the standard deviation approach to calculate competitive balance for one NBA division.2) What is a reverse-order entry draft? Describe how the NBA has modified it in recent years.3) Find an estimate of the cost of relegation in Premier League soccer.4) Describe how tournaments lead to overinvestment.5) Why was the NCAA created?6) What must the NCAA do to comply with Title IX?7) Summarize Alston vs. NCAA.8) What is the favorite-longshot bias?9) Provide an example of NIL.10) Outline conditions for how a betting house could set a line to make money.

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