Measuring persistence, randomness, and true talent

In Rob Vollman’s Hockey Abstract book he talks about the persistence and its importance when it comes to a particular statistics having value in hockey analytics. For something to qualify as the key to winning, two things are required: (1) a close statistical correlation with winning percentage and (2) statistical persistence from one season to another. More generally, persistence is a prerequisite for being able to call something a talent or a skill and how close it correlates with winning or some other positive outcome (such as scoring goals) tells us how much value that skill has. Let’s look at persistence first. The

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