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His dog won pretty handily in the last election, though. It's not an exact science, but his methodology seemed to eliminate a fair amount of doubt from the equa
by erickhill 10y ago
His dog won pretty handily in the last election, though. It's not an exact science, but his methodology seemed to eliminate a fair amount of doubt from the equation.
- marricks 10y agoHave you seen the comparisons to Princeton's Election Conesertium which did something similar but without the "special sauce"? He did a little worse, which is a bit of evidence saying Sam's more straight numbers are better than Nate's judgment.
- SubiculumCode 10y agoor random error.
- marricks 10y agoDefinitely possible, that's why I said "a bit"
- throwaway729 10y agoI think it will be really interesting to see what happens in election forecasting if Trump wins this election -- doubly so if there's no major scandal for Clinton between now and election day.
- jacquesm 10y agoWhat happens with election forecasting will be the least of our collective problems.
- kahrkunne 10y ago>doubly so if there's no major scandal for Clinton between now and election day. Unlikely, considering there's one every other day
- Scarblac 10y agoRepeating the same thing every other day doesn't count.
- inimino 10y agoIf the polls stay as they are and the election goes the other way, it means that polling as practiced is somehow fundamentally broken, which would be very surprising. If there's a gradual shift in the polls, I'm not sure what that would mean. Which scenario did you have in mind?
- ddalex 10y agoBRexit will likely want to have a word with you. I have a feeling that polling is used now a political weapon not a measure of reality.
- vintermann 10y agoNate Silver arguably lost a good deal of "prediction calibration points" by placing a very low chance on Trump getting the nomination in the first place.
- 1812calif 10y agoNot at all. A low probabilty does not make the prediction invalid because of the result.
- Sacho 10y agoAnd wouldn't the same be true if Trump wins the election? After all, Nate Silver isn't predicting a 0% chance for Trump to win, I think last time I checked it was 10-15%.
- vintermann 10y agoWell, that's not what I said either.
- alva 10y agoNate Tin did eventually publish a post [0] outlining that his way off predictions (sub 2% at one point) [1] of the R. primaries were terribly affected by his bias. That was honourable of him to admit. Presumably he is trying to eliminate that bias going forward for the main event. [0] http://fivethirtyeight.com/features/how-i-acted-like-a-pundit-and-screwed-up-on-donald-trump/ http://fivethirtyeight.com/features/how-i-acted-like-a-pundi... [1] https://i.sli.mg/hF2vOz.jpg https://i.sli.mg/hF2vOz.jpg
- hilop 10y agoHis name is Nate Silver. Don't be obnoxious. 538 didn't fail to read data properly re Trump's nomination. Trump was a new phenomenon with no history to build a model from. 538's mistake was guessing instead of admitting they had insufficient data -- which is bad behavior, but not because their preferred methodology is bad.
- cwyers 10y agoBull. Their polling based model performed okay (although, at least through Super Tuesday when I looked at it, his polls-plus model didn't outperform his polls-only model, and neither significantly outperformed the RCP weighted average of polls). What failed during the primaries was Nate's "Party Decides" punditry.
- deleted 10y ago[deleted]
- fulldecent 10y agoLTCM failed too because they did not consider confidence intervals on its models.
- gozur88 10y agoThat wasn't the feat people make it out to be. In US elections there are only a handful of states that could go either way.
- matt4077 10y agoIt adds up pretty quickly. For 2008 and 2012 combined, he only got one state wrong. Say there are 10 swing states close to 50/50 chances, and all others are fixed. The chance of getting them all right, twice, are 0.5^(2*10) = 0.000000953674316. (that's actually not the best method to evaluate him, because he provides estimates of chances and could be better evaluated with something like the https://en.wikipedia.org/wiki/Brier_score https://en.wikipedia.org/wiki/Brier_score that checks for calibration as well, but it's more intuitive).
- gozur88 10y agoThere aren't ten swing states. It's probably closer to half that. And they aren't 50/50 either. I got 49 right the last election just by looking at the public polls in the days leading up to the vote.