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Winter 2005 CalBusiness  
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WINTER 2005

In Brief

Going for the Gold

Before the Olympic Games in Athens last summer, Meghan Busse, visiting assistant professor, and Dartmouth colleague Andrew Bernard, used their statistical model to successfully predict the total number of medals given to each country with an overall accuracy rate of 97%. They trumped their 96% accuracy rate for their predictions for the 2000 games in Sydney.

Drawing on population, per capita income, past performance, and a host effect (for the country hosting the Olympics), their research shows how much simple economic factors can affect the performance of a non-economic event such as the Olympics.

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Going for the Gold

Going for the Gold

 
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