Consider a League with 20 teams. Over thepast thirty years, one team has won elevenchampionships and the remaining nineteenteams have each won one championship.A) Calculate the HHI for championships in thisleague. Be sure to show or explain your work.In what context is an HHI usually used?B) Calculate the Gini index for championshipsin this league. Be sure to show or explain yourwork. In what context is a Gini index usuallyused?C) Explain how a ratio of standard deviation isused to compare competitive balance acrossleagues that play different numbers of games.D) Explain the difference between within-season and between-season measures ofcompetitive balance. Which type of measurewould you use to study competitive balancein World Cup champions?

This question involves the application of statistical measures to evaluate competitive balance in a…

Answered: Consider a League with 20 teams. Over…

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