Articles matching tag: Statistics
- Column: Do Taxes Affect Winning In Professional Sports?May 18, 2017
“There are three kinds of lies: lies, damned lies and statistics.” Attributed to many. The phrase quoted above is often used to describe the persuasive power of numbers, particularly the use of statistics to bolster a weak argument. Which brings us to Erik Hembre, Assistant Professor of Economics at the University of Illinois at Chicago. Dr. Hembre grew up in the great state of Minnesota rooting for his favorite team, the NBA’s Timberwolves. The ‘Wolves entered the NBA in 1989 and since their inaugural season they have the worst record in the entire league. The ‘Wolves aren’t the only professional sports franchise in Minnesota without a championship. Neither the NHL Wild – or their predecessors, the Stars – nor the NFL Vikings have ever won their league title. The only exception is MLB’s Twins who won World Series titles in 1987 and 1991.