Sports Analytics - Approximation Formulas and Stochastic Model

Sports Analytics Methods – Applying Approximation Formulas and Stochastic Model in Golf

This is a review of the approximation formula and stochastic model research for analyzing the pace of play in golf, conducted by Qi Fu and Ward Whitt. Golf courses are always looking to maximize profit without affecting the golfers’ enjoyment of the game. Stochastic models and computer simulations provide information regarding how to optimize the…