Suppose in one league the observed actual standard deviation in winning percentages among the teams in one year is 0.375. If the teams were all of equal quality so the each team had an equal chance of winning every game, the expected standard deviation of winning percentages would be 0.125. Calculate the competitive balance statistic “R.” What do you conclude?

A. It tells us nothing.

B. League is very imbalanced.

C. League is somewhat balanced.

D. All the teams are exactly equal.

E. League is very balanced.