Fifa World Cup 2018: Goldman's AI forecast predicts sixth win for Brazil
Unsurprisingly, Brazil and Germany are the teams appearing most often in World up 2018 forecast models produced by economists So much for the unpredictable nature of the beautiful game. Goldman Sachs Group Inc reckons Brazil will win its sixth World Cup, basing its forecast on data mining, machine learning and econometrics. The investment bank is the latest to jump into the excitement before the soccer championship kicks off this week. It used 200,000 statistical models, sifted data on individual players and recent team performance and ran 1 million simulations of the tournament. As a result, it predicts that Brazil will lift the trophy on July 15. We should note that Goldman also tipped Brazil in 2014 (forecasting a 3-1 win over Argentina in the final). But Brazil stumbled in the semi-final back then, losing by a whopping 7-1 to eventual champions Germany. ALSO READ: In pics: Here's how Indians are gearing up for Fifa World Cup 2018 Here’s the Goldman ex...