You know I am my friend :- )=
CottyImp, you are just what I am looking for. I would really appreciate your views on my observations of the methodology used by Tranmere.
Apologies in advance for the lack of brevity.
A superficial look at the results would say to me there are too many teams qualifying for the play-offs - 12 in the Championship (from Leeds on 71 points down to Derby on 51 points), 8 in L1 and 9 in L2. Also, it doesn't appear to give those teams in the relegation area sufficient margin of error.
Intuitively it doesn't seem right that you can use the same numbers to calculate a margin for error for teams at the top and those at the bottom. The margin of error on the upside for teams that are getting more than 2 points per game is far less than the margin for error of teams at the bottom who might be earning less than a point a game and the opposite for the margin of error on the downside.
So looking at the numbers in a bit more detail you can see how different the margin of error is for teams in the top half and those in the bottom. There are 8 teams in the top half of all 9 tables used that have a margin of error exceeding 10%, only 1 to the upside but 7 to the downside. The bottom half of those tables however results in a completely different picture with 27 teams having a margin of error above 10% but with a significant 20 to the upside and 7 to the downside.
You can also see individual "% error per games" of bottom half teams that would when applied to top teams result in those teams accruing more than 3 points a game over their remaining fixtures, an obviously impossible scenario.
To confirm those observations I used just the three Championship tables to calculate the "% error per game remaining" separately for the top of the table and for the bottom half. My calculations show that the difference between the two halves is as much as 125% to the upside and 24% to the downside.
Its difficult on that basis to believe that the methodology used arrives at an accurate calculation of the margin of error but interested in any views on the above.
In addition their calculations did not take into account that Birmingham City had a 9 point deduction in 2018/19 which overstates the overall "% per game remaining" downside figure used by 3%.