March Madness Tournament Predictions Model: A Mathematical Modeling Approach

This paper proposes a model to predict the outcome of the March Madness tournament based on historical NCAA basketball data since 2013. The framework of this project is a simplification of the FiveThrityEight NCAA March Madness prediction model, where the only four predictors of interest are Adjusted Offensive Efficiency (ADJOE), Adjusted Defensive Efficiency (ADJDE), Power Rating, and Two-Point Shooting Percentage Allowed. A logistic regression was utilized with the aforementioned metrics to generate a probability of a particular team winning each game. Then, a tournament simulation is developed and compared to real-world March Madness brackets to determine the accuracy of the model. Accuracies of performance were calculated using a naive approach and a Spearman rank correlation coefficient.