• Flying SquidM
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    91 month ago

    What do you think they would achieve in any practical way by winning a bunch of gold medals?

    It’s the Olympics, not trade negotiations.

    • @Knock_Knock_Lemmy_In
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      -11 month ago

      It’s estimated that the value of a gold medal is around $1 million in terms of economic impact, considering factors like increased tourism, sponsorship, and national pride.

      • Todd Bonzalez
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        1 month ago

        That’s a pathetically tiny amount of capital for a state.

        • @Knock_Knock_Lemmy_In
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          -11 month ago

          You are asking about the total benefits of sending athletes to the Olympics, not the statistical weighing of gold medals in a regression model.

      • Flying SquidM
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        21 month ago

        Please do provide actual evidence for that claim. Specifically for a gold medal in women’s boxing.

        • @Knock_Knock_Lemmy_In
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          -21 month ago

          I found that statistic on Bing. You can too.

          I’m not specifically discussing women’s boxing.

          • Flying SquidM
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            11 month ago

            Yes, you can find all kinds of fake statistics on Bing. That’s how the internet works. Let’s see the source of yours.