Tag: FIFA
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How Could Spain Win the World Cup If It Had Only a 16% Chance of Winning?
Yesterday, Spain won the FIFA World Cup. Yet, before the tournament began, statistical models estimated that Spain had only a 16.1% chance of becoming world champions. If Spain had only around a one-in-six chance of winning the tournament, how did it end up lifting the trophy? The answer is not only about football. It is…