Conclusion
Upgrading one player by one speed class adds 0.2 - 0.4 wins per season
- Effect is greater in AL
- Average to fast > than slow to average
- Assumes upgrade for all plate appearances, so actual effect likely to be smaller
Better batters will have a greater effect
Notes:
Even a more modest improvement in hitting is likely to add more than 0.4 wins (or 0.8 if slow to fast on a high scoring team).
Web site has more on Markov model and other baseball items of interest. May post more details behind the study at some point.