Every time an analyst uses the caveat “small sample size, but,” an angel gets its wings. And then that angel takes flight and also analyzes a small sample size.
I preach patience when it comes to the first few weeks of a Major League Baseball season, and I try to practice it, too, regarding both early-season breakouts and duds. Aside from transactions related to the disabled list, I have yet to drop any player I drafted who wasn’t legitimately dead weight (like my decaying shares of Melky Cabrera and John Lackey) or, in ottoneu, a roster burden, such as a hapless $7 share of a helpless Alex Cobb.
That said, I can’t simply wait until mid-May or whatever to make meaningful analyses of players. But I also can’t make knee-jerk reactions about 30 innings or 90 plate appearances. I try to reconcile this cognitive dissonance by engaging in what I called last year Small Sample Normalization Services (SSNS). The intent: first, to attempt to find similarly long and (un)productive streaks in a player’s past; second, to evaluate how similar or comparable those streaks actually are; and, last, to slap an appropriate level of excitement or panic to the performance in question. If we can’t say with absolute certainty that we’re watching a player do something sustainable, then maybe it helps to know if he had done something similar in the past. If not, what befell him afterward? And if so, how should we move forward with him?
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