Using Data to Win Your Office’s ‘March Madness’ Pool

By Jonah Newman. It’s that time of year when your office mates start saying “bracketology,” when everyone claims to know all about college basketball, and questionable research says businesses stand to lose an estimated $1.2-billion in productivity for every hour employees spend focused on the NCAA tournament instead of their jobs. It’s also the time of year when some news organizations try to tell you how to use statistics to fill out your bracket and win your office pool (or, this year, $1-billion from Warren Buffett and Quicken Loans). More...