I am getting tired of seeing someone's quality play actually held against them and cited as a reason to not pursue them in fantasy drafts. If a player has been mediocre for their whole career and there are no other indicators that this is the "new" version of that player, sure, regression to the mean is a good way to say that past results are no guarantee of future performance. However, this type of analysis is being misused in my opinion to stand for the idea that ALL players regress to the mean , when we observe the opposite - in fact, if that were true then fantasy football would be about avoiding players that play at an exceptional level! In this case, the player in question in Hakeem Nicks and I was responding to the idea that Nicks high YPC and TD% is a reason for "concern". I am interested in the pool's thoughts not so much on Nicks, but on the way "regression to the mean" analysis is being used in fantasy football today:
In a nutshell, it stands for the idea that "Average players in the league will tend to put up league average numbers". So when a player has numbers high above the league average for a season, but other evidence tells us that he is average, we should proceed with caution when importing too much meaning into their performance in the previous season. However, numbers high above the league average can actually be an indicator in the exact opposite direction, that the player really is a rare talent that is most definitely "above average" - especially when that is all that is contained in their track record, such as with Nicks, or Michael Turner when he was a backup RB. "Regression to the mean" should only be applied to be players whose talent is close to the mean. If it is applied to all players equally as if every player in the NFL is average, that will cause many breakout players to be missed. The numbers of young players who excel in limited opportunity will be taken as an indicator to stay away, when actually it should be an indicator to push your chips in! Finding breakout players before the breakout is one of the most crucial skills in fantasy football, and I think "regression to the mean" can short circuit that effort when it is misapplied.
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