Articles

Articles

Predicting the Medal Wins at the 2006 Winter Olympics: an Econometrics Approach
  • Author
    WADE D. PFAU
  • Year
    2006
  • Volume
    Vol.22
  • Number
    No.2
  • Demographic and economic characteristics have been shown to provide
    important predictive power for determining a country’s success in the
    Olympic Games. This paper extends such research, providing a set of
    predictions for the gold medals and total medals each country will win at the
    2006 Winter Olympics. We expected Germany to win the most medals,
    followed by the United States, Norway, Italy, Austria, and Canada. For total
    medals, the overall correlation between the predictions and the actual results
    was 0.934. While Germany and the United States did finish in the top two
    places, there were some surprises as Canada, Austria, and Russia performed
    better than expected, while Norway and Italy did not live up to expectations.
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