Are Macro variables good predictors? A prediction based on the number of total medals acquired

A large amount of effort is spent on forecasting the outcome of sporting events. Moreover, there are large quantities of data regarding the outcomes of sporting events and the factors which are assumed to contribute to those outcomes. In this paper we tried to predict the success of nations at the Asian Games through macro-economic, political, social and cultural variables. we used the information of variables include urban population, Education Expenditures, Age Structure, GDP Real Growth Rate, GDP Per Capita, Unemployment Rate, Population, Inflation Average, current account balance, life expectancy at birth and Merchandise Trade for all of the participating countries in Asian Games from 1970 to 2006 in order to build the model and then this model was tested by the information of variables in 2010. The prediction is based on the number of total medals acquired each country. In this research we used WEKA software that is a popular suite of machine learning software written in Java. The value of correlation coefficient between the predicted and original ranks is 90.42%. Neural Network Model, between 28 countries mentioned, predicts their ranks according to the maximum difference between predicted and original ranks of 19 countries (67.85%) is 3, the maximum difference between predicted and original ranks of 8 countries (28.57%) is between 4 to 6 and the difference between predicted and original ranks of 1 countries (3.57%) is more than 6.