I found this formula on nbastuffer.com and it is the type of thing I was looking for as a jump off point.
More Specific Possession Formula=0.5 * ((Field Goal Attempts + 0.4 * Free Throw Attempts - 1.07 * (Offensive Rebounds / (Offensive Rebounds + Opponent Defensive Rebounds)) * (Field Goal Attempts - FG) + Turnovers) + (Opponent Field Goal Attempts + 0.4 * Opponent Free Throw Attempts - 1.07 * (Opponent Offensive Rebounds / (Opponent Offensive Rebounds + Defensive Rebounds)) * (Opponent Field Goal Attempts - Opponent FG) + Opponent Turnovers)).
This formula estimates possessions based on both the team's statistics and their opponent's statistics, then averages them to provide a more stable estimate.
A few questions. I have this formula, how can I structure it in order to help with daily games? Also, what would be next step in terms of the data and everything.
I would appreciate any help.