The standard deviation of win percentage for the 32 teams, Microeconomics

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The standard deviation of win percentage for the 32 teams

The standard deviation of win percentage for the 32 teams in the NBA in 2005-2006 was .134; the NBA plays 82 game season. The standard deviation of win percentage for the 32 teams in the English Premier League in 2005-2006 was .158; the EPL plays a 38 game season. Compute the idealized win percentages for the Nba and the EPL. Which league has more competitive balance?

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