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Nate Silver left 538, but he is still hosting the Monte Carlo model at the Silver Bulletin. That model is putting it right around 50-50 for Trump win vs Harris win. That's not a polling average... That's the result of playing a few million elections where the results are based on the current polling average.
Wow, 50/50 split. Bold prediction, Nate!
Nate has been wrapped up in the betting markets, and I'm afraid he's not the same Nate Silver from 2008.
Okay and on Election Day 2016 he had it at 60-70% Clinton when I went out to vote. He was very wrong
If everytimw you say something has a 30% chance of happening, it never happens, then your models are wrong because they should say zero percent. If you say something has a 30% chance of happening and it happens, that doesn't mean you were wrong.
It's shocking how many people don't understand percentages.
I do. At 60%, it’s drawing 3/5 cards. I wouldn’t take that chance. At 70%, it’s 3/4. There’s always a chance of the 1/4, sure. But I expect it to happen.
That’s part of why I’m so uncomfortable right now. I wouldn’t take a coin flip.
Not taking the chance isn't the same as it never happening. Speaking as a decently experienced poker player, you can understand your odds, and make the right call, and still lose because of it. It doesn't mean you were wrong, it's just statistics.
I mean, I played competitive LCG before. I completely understand that it’s possible. I have definitely taken and lost on a 60% chance. It’s just not a risk I would take.
And I maintain that he was wrong. I don’t think it was a 70% chance. By the time I got back from voting, he had revised it closer to 55-60%. That seems more accurate to me. I think he underestimated Trump.
I think it was right around 35% as you say. Unlikely, but not impossible for Trump to win. If Trump hit a one out of three lucky shot, that should be somewhat surprising, but not too very surprising.
Anyhow, he's saying this one is an even coin flip.
Yeah, all these people are acting like at 2:1 odds are some kind of impossible situation still to this day.
Ugh for the billionth time, he wasn't wrong. That is not how statistics works. He gave a percentage chance. That's it. If I say there is a 70% chance Clinton wins, and she loses, that doesn't mean I was wrong.
I think he was wrong. I think he underestimated Trump. I don’t think it was 70/30.
He had it at 70/30, when the poll/pundit environment was giving Hillary 95% chances.
He gave much more realistic odds than most any pundit of that cycle.
Well good thing statistics aren't based on "what that one random guy on the internet thinks"
I mean, at the time he had a lot of inputs for his model and I have almost none, but his are also just what he thinks.
I mean, at the time he had a lot of inputs for his model and I have almost none, but his are also just what he thinks.
He hadn't counted your vote yet.