538 Model Debut: 64% Chance of Republican Majority; R+7 Most Likely (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
June 05, 2024, 11:28:24 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  Other Elections - Analysis and Discussion
  Congressional Elections (Moderators: Brittain33, GeorgiaModerate, Gass3268, Virginiá, Gracile)
  538 Model Debut: 64% Chance of Republican Majority; R+7 Most Likely (search mode)
Pages: [1]
Author Topic: 538 Model Debut: 64% Chance of Republican Majority; R+7 Most Likely  (Read 3297 times)
Nichlemn
Jr. Member
***
Posts: 1,920


« on: September 07, 2014, 07:54:06 PM »


Wang uses polling only and then applies way too much certainty in his models. If he's right, he looks smart and can bleat on about how Nate Silver adds too many bells and whistles, but when he's wrong, it can be spectacularly bad. For instance, in 2010, his model was off by 6.5x his stated standard error, which would occur by chance something like one in a billion times. Nate is much more realistic about the amount of uncertainty in prediction models.

His current prediction for KS-Sen, Orman as 80% to win, is clearly ludicrous. A single poll of a then-purely hypothetical race is enough to make such a confident prediction on? This is exactly the sort of case where non-poll factors like "state fundamentals" really are clearly needed.
Logged
Nichlemn
Jr. Member
***
Posts: 1,920


« Reply #1 on: September 16, 2014, 05:53:49 AM »

Barring some big changes in several different races, 2014 may be the year when Silver loses his shine. Looking back, each national cycle he has covered has been relatively one-sided and not as many individual races were truly close; his "none here and one there" track-record of inaccuracies may fall apart. As it stands and as it has stood for many months, there's a good chance that:

  • several Senate races could be very close to 50/50 (two-way model)
  • the national PV could be very close to 50/50
  • the composition of the Senate may end up being 50/50

That makes his whole probability angle risky in terms of correctly identifying who will win (I don't care if the method provides a technical cop-out for him: people listen to him because they expect his probabilities are going to be the result).

Nate has said himself that he doubts he (or anyone else) is likely to get every race (or all but 1) race correct. That isn't (or at least shouldn't) be a knock on him. He's not a wizard, he can only work with the information available. If a race is a true tossup according to all available data then he can't read people's minds.
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.017 seconds with 11 queries.