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Tangotiger Blog

A blog about baseball, hockey, life, and whatever else there is.

Monday, August 24, 2015

Correlation v Causation

?What leads to wins?  Talent and random variation.  That, and only, that.  Talent is a causative agent.  It looks like this:

Talent + Luck -> Wins

What leads to payroll?  Talent, (mis)management, and service time.  That, and only, that.  Talent is a causative agent, but it's linked with service time, specifically when the player qualifies for arbitration and free agency. And also how management figures out how to evaluate that talent (both now, and in the future). It looks like this:

Talent*Service*Management -> Payroll

So, what happens when you run a correlation of Wins and Payroll?  Neither is a causative agent to the other.  Wins doesn't lead to payroll, and payroll doesn't lead to wins.  That they have a relationship is strictly a point of correlation.

In order to properly evaluate Wins and Payroll, you need to look at the causative agents themselves.

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August 24, 2015
Correlation v Causation