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The Actuarial Game of Baseball: 'Stat of the Art' (PDF)
Contingencies 
May 17, 2004
Excerpt: When Billy Beane became general manager of the Oakland A's in 1997, he set about turning conventional baseball wisdom on its ear. With the second lowest payroll in the major leagues, he put together a team of undervalued rejects who came close to breaking the American League record for consecutive wins in 2002. He did it not with advance scouting reports or hunches or gut feelings ... He did it the way any actuary would. With numbers.
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