After reading about an application of how estimation/regression analysis can be used in forecasting, consider the following:

  • Is it odd that athletic-related determinants are rarely mentioned in this estimation?
  • How can empirical functions estimating Olympic medal winnings be used in future Olympic Games?
  • Can you foresee any pitfalls in using the result of past Olympic Games to say anything about the future?

Our classroom discussion will take place after midterm exam #1. I am looking forward to it!

Posted by Prof. C-S


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