Wednesday, February 29, 2012
1 DOLLAR EVERY SECOND EVERYDAY
If you spent 1 dollar every second of every day in 12 days you would've spent $1,000,000 in 32 years you would've spent 1,000,000,000, in 31,688 years you would've spent $1,000,000,000,000. OUR NATIONAL DEBT IS $15,000,000,000,000!!!!!!
1) What was the “Moneyball”approach that Billy Beane and Peter Brandt applied to the Oakland Athletics 2002 season? Was it an “art” or a “science”? What single statistic did they boil their value consideration down to? (In class research/discussion) It was to find players that didnt cost very much but had a high OBP, it was most definately a mixture of both it was sciences that found out the stats but an art to make the best chemistry for the team. and it was OBP.
2) What is the equation used to calculate OBP? (In class research/discussion)
3) What is design? (In class research/discussion)
Decide upon the look and functioning of an object.
4) Describe 3 situations where movie characters (intentionally or not) applied a step from the PLTW 12 Step Design Process. Explain both the (a) situation as well as (b) how the step is relevant:
1 -When the scouts were disccusing who to trade and/or cut.
2 - He figured out his process when he foundout his budget was low
3 - When Billy went away from the moneyball ideal when he traded Giombi and Pena
5) What is “Leadership”? List the three aspects of leadership that we come up with in class. (In class research/discussion)
1 - direction
2 -organization
3-leadership
6) Describe 3 circumstances from the story where a character exercised effective leadership:
1 - Billy made scouts identify the problem before trying to solve it.
2 - Billy fired the head scout for the good of the team and management.
3 - Traded Giambi even though he was part of the money ball pick.
7) According to the movie, what was the A’s record at the start of their winning streak? 68:51
8) What does this ratio simplify to (roughly)?.57: 1
9) How long was the A’s record setting winning streak?20 games won.
10) Given the A’s win/loss ratio at the start of the streak (listed two questions above), what are the odds of winning 20 games in a row? Run the numbers. (In class research/discussion) .0000013
11) Based on your calculation, do you think the A’s got lucky or was there something to the Moneyball approach? I think luck had something to do with it but definately think the moneyball technique worked in this situation.
12) Did Billy Beane strictly apply the “science” of Moneyball to his management approach? Was there an “art” to his efforts as well? Describe a circumstance where he broke from the Moneyball approach to make a positive change for the team. He used his intuition and traded Giambi even though he was a money ball pick he was not good for team morale
Bonus Question (look into this if you’ve finished ahead of the class):
Money Ball was originally a book. What author wrote the book? What other books has this author written? Is there a theme to his writing?
2) What is the equation used to calculate OBP? (In class research/discussion)
3) What is design? (In class research/discussion)
Decide upon the look and functioning of an object.
4) Describe 3 situations where movie characters (intentionally or not) applied a step from the PLTW 12 Step Design Process. Explain both the (a) situation as well as (b) how the step is relevant:
1 -When the scouts were disccusing who to trade and/or cut.
2 - He figured out his process when he foundout his budget was low
3 - When Billy went away from the moneyball ideal when he traded Giombi and Pena
5) What is “Leadership”? List the three aspects of leadership that we come up with in class. (In class research/discussion)
1 - direction
2 -organization
3-leadership
6) Describe 3 circumstances from the story where a character exercised effective leadership:
1 - Billy made scouts identify the problem before trying to solve it.
2 - Billy fired the head scout for the good of the team and management.
3 - Traded Giambi even though he was part of the money ball pick.
7) According to the movie, what was the A’s record at the start of their winning streak? 68:51
8) What does this ratio simplify to (roughly)?.57: 1
9) How long was the A’s record setting winning streak?20 games won.
10) Given the A’s win/loss ratio at the start of the streak (listed two questions above), what are the odds of winning 20 games in a row? Run the numbers. (In class research/discussion) .0000013
11) Based on your calculation, do you think the A’s got lucky or was there something to the Moneyball approach? I think luck had something to do with it but definately think the moneyball technique worked in this situation.
12) Did Billy Beane strictly apply the “science” of Moneyball to his management approach? Was there an “art” to his efforts as well? Describe a circumstance where he broke from the Moneyball approach to make a positive change for the team. He used his intuition and traded Giambi even though he was a money ball pick he was not good for team morale
Bonus Question (look into this if you’ve finished ahead of the class):
Money Ball was originally a book. What author wrote the book? What other books has this author written? Is there a theme to his writing?
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