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Home Field Advantage in Soccer

In the book Scorecasting by Moskowitz and Wertheim,1 we learn that ""Across 43 professional soccer leagues in 24 different countries spanning Europe, South America, Asia, Africa, Australia, and the United States (covering more than 66,000 games), the home field advantage [percent of games won by the home team] in soccer worldwide is 62.4%.""
What is the relevant statistical parameter, including correct notation?
1Moskowitz, T. and Wertheim, L., Scorecasting, Crown Archetype, New York, 2011, p. 113."

User Ali Mezal
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Final answer:

The relevant statistical parameter in this question is the home field advantage, represented as the percent of games won by the home team. According to the book Scorecasting, the worldwide home field advantage in soccer is 62.4% based on a study of professional soccer leagues in 24 different countries.

Step-by-step explanation:

The relevant statistical parameter in this question is the home field advantage, represented as the percent of games won by the home team. This parameter is denoted by the symbol P (for probability) or PH (for home team probability).

According to the book Scorecasting by Moskowitz and Wertheim, the worldwide home field advantage in soccer across 43 professional leagues in 24 different countries is 62.4%. This means that, on average, the home team wins 62.4% of the games played.

This percentage is obtained by dividing the number of games won by the home team over the total number of games played and multiplying by 100 to get the percentage.

User Asifrc
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