MSE 601A Statistical analysis Formula 1

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MSE 601A Statistical analysis

Formula 1

Performed By : Rijul Dhruv

Prem Trivedi


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Formula One, also known as Formula 1 or F1 and referred to

officially as the FIA Formula One World Championship, is the highest

class of single seater auto racing sanctioned by the Fdration

Internationale de l'Automobile (FIA)

The F1 season consists of a series of races, known as Grands Prix (in

English, Grand Prizes), held on purpose-built circuits and public roads

The results of each race are combined to determine two annual World

Championships, one for the drivers and one for the constructors

Formula One cars race at speeds of up to 360 km/h (220 mph) with

engines limited in performance to a maximum of 18,000 revolutions

per minute (RPM)

A Formula One Grand Prix event spans a weekend

A qualifying session is held after the last free practice session. This

session determines the starting order for the race on Sunday

The race begins with a warm-up lap, after which the cars assemble on

the starting grid in the order they qualified.

Formula 1 Facts


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Hypothesis

NULL HYPOTHESIS:

There are no variables that influence the winning of a particular driver in a race

ALTERNATE HYPOTHESIS:

There are various factors that influence the winning of a particular driver in a

race

Trial and error

Collection of previous 10 year data points based on the grid positions for

each team

Learning Process began where we failed to achieve a strong model


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Weak data which lacked Logical

Reasoning


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Weak Model


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Collection of more data

points


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Better than before


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Creation of a Stronger

Model

Statistical data of a particular driver was picked

Eliminated the error of a logical reasoning and increased the reliability

of the data to generate relationship with the variables

Statistical data of racing legend Ayrton Senna was collected Variables influencing to win a race include:

o PointsPoints won each season

o Points RankDriver rankings at the end of the season

o Average FinishAverage of the races completed per season

o Average GridAverage of grid positions per season

o StartNumber of starts in each seasono PolesStarting the race from grid position 1

Ayrton Senna


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Racing career data


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Regression Data Analysis


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Result of the Analysis

We fail to accept the Null Hypothesis since there is aclear relationship between the outcome of the race to

the factors influencing the race results

High Coefficient of determination(R) amounts to thevariability in our data explained by the regression

model


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Predictive Decisions and business

aspects by Teams Each team in the FIA emphasizes on the variables used in the

analysis to get the best results from their drivers in order to win

the Constructors Championship trophy

Money Talks: Entering a new team in the Formula One WorldChampionship requires a 25 million (about US$47 million)

up-front payment to the FIA

Each point earned in a race by teams is worth hundreds of

thousands of dollars

To finish a race with points is the utmost goal for all emerging

teams

Constructors Trophy


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Thank You

MSE 601A Statistical analysis Formula 1

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