Nate
Silver, election polling expert at the NY Times, is still, stubbornly, talking
about a 70 percent chance that Obama will win in Ohio. I have examined all the
polls that I know of and I can’t call it anything but 50-50. Silver is a
genius, there’s no doubt about that, but I don’t know what he’s reading (or
drinking).
by Charlie Leck
by Charlie Leck
If you don’t
know about Nate Silver, you might want to read this
“character sketch” in the Boston Globe about him…
Nate Silver: Stats whiz remakes political punditry.
“character sketch” in the Boston Globe about him…
Nate Silver: Stats whiz remakes political punditry.
Nate Silver
says, right now, there is a 65.7 percent chance that President Obama will be
reelected. So what?
Just get this:
In the 2008 election, Nate Silver called 49 states correctly in the
presidential election (he only missed in Indiana). He also picked all 35 U.S.
Senate races correctly. As a result, in 2009 Time Magazine listed him as one of the world’s most influential
people. Silver, a baseball statistician at the time, had rejected a great deal
of the conventional wisdom about polling. Now, at 34 years of age, Silver is
followed closely. He explains which of the polling organizations have bad
records and which have good ones – which are insider organizations with
particular views and bents – and which ones can be relied quiet heavily.
It was because
of Silver that I became something of a polling freak and have gotten overly
attracted to watching the poll results come in – and I use the word “overly”
very advisedly because I know it has reached the point of obsession with me. I
go nuts when I can’t get up-to-date polling results on some races (as I haven’t
been able to for the Michele Bachmann/Jim Graves congressional race here in
Minnesota).
Silver has a
blog, Five Thirty Eight, that is very
popular during election campaigns. He also has a very recent book (September
2012) that I keep close at hand on my desk (The
Signal and the Noise: Why So Many Predictions Fail – But Some Don’t).
Remember, Gallup
came out last week with polling results that showed challenger Mitt Romney had
cracked the 50 percent mark for the first time and is now leading Obama in the
race. It caused a great stir on political blogs all around the country. Silver
treated it calmly and analyzed the Gallup results reasonably in Gallup
vs .the World.
And, still more
recently he wrote…
“We’re now in
the political equivalent of the eighth inning, however. A run scored in the
eighth inning is potentially much more important than one in the first.
“The reason I
say ‘potentially’ is that it makes a tremendous difference depending what the
score is. In a blowout, the eighth inning won’t matter at all. A team down 9-1
is almost certainly going to lose; but so will one that gets a solo home run
and trails 9-2 instead.
“…But if the
score is tied, or it it’s a one-rune game, a run scored in the eighth will make
a huge difference.
“That’s where we
find ourselves right now in the presidential race.”
I don’t suggest
you get involved in the Nate Silver models and approach unless you want to
drive yourself a little bit whacky. Essentially, Silver weights the polling
organizations and sometimes discounts their results by a certain percentage –
and sometimes he gives them a percentage of a point more weight and upgrades
them. He also gives a certain amount of weight to political tendencies within
states. When there appears to be one renegade polling organization that comes
up with a remarkably different set of results than the other polls, Silver
doesn’t automatically dismiss that poll, but he wants to clearly understand
just why there is a difference and how much weight he can give to that
difference.
I’ve tried to
hone my own approach by understanding Silver’s. I’m a long way from fully
understanding him, but I’m have a whale of a lot of fun. Don’tcha know?
_________________________
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If you read my blog regularly, why not become a follower? All you have to do is click in the upper right hand corner and establish a simple means of communication. Then you'll be informed every time a new blog is posted here. If all that's confusing, here's Google's explanation of how to do it! If you don’t want to post comments on the blog, but would like to communicate with me about it, send me an email if you’d like.
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