Modeling Baseball Outcomes as Higher-Order Markov Chains
Baseball is one of the few sports in which each team plays a game nearly everyday. For instance, in the baseball league in South Korea, namely the KBO (Korea Baseball Organization) league, every team has a game everyday except for Mondays. This consecutiveness of the KBO league schedule could make a team's match outcome be associated to the results of recent games. This research project deals with modeling the match outcomes of each of the ten teams in the KBO league as a higher order Markov chain, where the possible states are win (W), draw (D), and loss (L). For each team, the value of