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Basically, al I'm trying to do is to find an era-adjusted version of, say, point totals for all the players ever to have played the game.
As for the era coefficient, instead of changing it every year, I suppose it would be easier to have one number adjusted instead of every year. For example, if the average of goals per game in 1967-68 was 6.5, well, we could divide all of the players' point totals that year by 6.5, and never need to adjust them again. However, what would change would be the coefficient that would be multiplied to the point totals in order to make them more accurate. Let's say that in 1919-1920 the goals per game average was 3.25, well, a point in that year would be worth the double of a goal in 1967-68, and the coefficient's role would only to make the statistics look more realistic, because in reality one could only do GPG/points and find out the "absolute" performance of the player - it would only look unrealistic, but the rates would be accurate.
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