Sunday, 30 October 2011

RBNZ Governor’s amazing forecast

I hardly watch Rugby. But on knowing that NZ (or Black Caps) won the rugby WC 2011 (after 24 years of wait), could not stop pointing about this prediction.

RBNZ Governor in a Jan-11 speech predicted/forecasted:

How likely is it that New Zealand will win? We have asked our expert team of forecasters to answer this question. They have pointed out several solid facts: we have always won the World Cup at home; we will have a Cantabrian leading the team and another directing the back-line. Our expert team of forecasters predict that on average, the All Blacks will beat Australia in the final at Eden Park, by 23.9 to 15.6.

:-) The final was instead between NZ and France and was a much closer score line of 8-7.

Hope we could get our economics forecasts somewhat closer….


by: Amol Agrawal

Source: http://mostlyeconomics.wordpress.com/2011/10/28/rbnz-governors-amazing-forecast/

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