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  <created>1272463647</created>
  <changed>1475895953</changed>
  <title><![CDATA[Duke, LRMC are big winners in NCAA tournament]]></title>
  <body><![CDATA[<p>While Duke was crowned the victor in the NCAA men's
basketball national championship this month,&nbsp;another big winner emerged:
the Georgia Tech LRMC method for predicting NCAA&nbsp;tournament outcomes. &nbsp;</p><p>&nbsp;</p>

<p>The new Bayesian LRMC method – an updated version of the previous
system – correctly predicted the&nbsp;winner of more games during this year's
tournament than all other ranking systems tracked on BCS computer ranker
Ken&nbsp;Massey's website, masseyratings.com, which analyzes predictions for
various sporting events.</p><p><br />
Bayesian LRMC finished three full&nbsp;games ahead of the field, which included
well-known rankings such as the&nbsp;Associated Press and
USA&nbsp;Today&nbsp;polls, the NCAA's Ratings Percentage Index, Pomeroy,
Sagarin and Massey's own computer ranking methods. &nbsp;Bayesian&nbsp;LRMC was
the only ranking to correctly predict the winner of more than 50&nbsp;games.<br />
<br />
In addition to Bayesian LRMC's first place finish, the original LRMC&nbsp;method
finished in a three-way tie for second place with 48 correct&nbsp;predictions.
&nbsp;A correct prediction was defined as the winner of a&nbsp;game being ranked
higher than the game's loser.<br />
<br />
This is the second recent success for the system. In 2008, the LRMC correctly
predicted the winner of every game in the final three rounds of the&nbsp;NCAA
tournament before the tournament started.<br />
<br />
The LRMC method was first developed by Professors Paul Kvam and Joel Sokol at
Georgia Tech's H. Milton Stewart School of&nbsp;Industrial and Systems
Engineering (ISyE). &nbsp;The LRMC team has since&nbsp;expanded to include ISyE
professor George Nemhauser and City College of&nbsp;New York mathematics
professor Mark Brown.<br />
<br />
A mathematical description of Bayesian LRMC&nbsp;is forthcoming in the Journal
of Quantitative Analysis in Sports.<br />
<br />
</p>]]></body>
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      <value>2010-04-28T00:00:00-04:00</value>
      <timezone><![CDATA[America/New_York]]></timezone>
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      <value><![CDATA[The Georgia Tech LRMC method correctly predicted the winner of more games during this year's NCAA tournament than all other ranking systems.]]></value>
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    <item>
      <email><![CDATA[don.fernandez@comm.gatech.edu]]></email>
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      <value><![CDATA[]]></value>
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  <field_contact>
    <item>
      <value><![CDATA[<p>Don Fernandez</p><p>404-894-6016</p><p><a href="mailto:don.fernandez@comm.gatech.edu">don.fernandez@comm.gatech.edu</a></p>]]></value>
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        <value><![CDATA[LRMC; Final Four; ISyE]]></value>
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