Question

explain the relationship between revenue payroll and competitive balance

Answer 1

Ans. The connection between revenue payroll and competitive balance are somehow uncertain. Over the three time skylines (ten year, five year, and two year), elevated amounts of fluctuation in playoff appearances were related with high income for Major League Baseball (MLB) groups. Over a two year time length, elevated requirement deviation in winning rate were related with higher income in both MLB and the National Football League (NFL) and furthermore that exclusive expectation deviation of prevailing upon rate a ten year duration were related with lower incomes in the NFL. This gives steady help to the theory of a positive connection between aggressive equalization and income in MLB and conflicting help in the NFL. This conflicting relationship in the NFL is theorized to be because of contrasts in time skylines. Over the present moment, fans like to see high inconstancy in winning rate since it gives them confidence that their group will be great the following season. In the long haul be that as it may, fans don't care for a ton of inconstancy in their group and would prefer to see a predictable champ.