I have come across a lot of Rediff articles, where they give MVPI rankings. Before a series, after a series, IPL etc. How do they calculate this? What is the formula? What are parameters of the formula?

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# How does Rediff calculate MVPI (Most valuable player index) for IPL?

I have come across a lot of Rediff articles, where they give MVPI rankings. Before a series, after a series, IPL etc. How do they calculate this? What is the formula? What are parameters of the formula?