How much for an Olympic medal?
Winning medals is never a cheap affair. Nations worldwide - including Malaysia - spend millions to ensure our athletes achieve some form of glory at major events especially the Olympics. As the sporting world gears up for an epic encounter at the London Games, the New York Times offers a mathematical calculation to which event has better prospects at winning medals. How Much for an Olympic Medal? By NATE SILVER It’s been almost a decade since the publication of “Moneyball,” Michael Lewis’s famous book-turned-movie about how the small-market Oakland Athletics used statistical artistry to compete against their (much) richer rivals. Billy Beane is still the A’s general manager, but here’s a modest proposal for his next act. He could become the head of another budget-strapped sports organization like, say, the Olympic Committee of Kyrgyzstan — or another small-market country with limited resources. Bishkek is nice this time of year! How might Beane turn “m...