Why FiveThirtyEight Gave Trump a Better Chance Than Almost Anyone Else
fivethirtyeight.com
fivethirtyeight.com
Probability exists to quantify uncertainty, not to predict the future (though this can help). One thing is clear - we don't live in a random universe, and there are concrete biases present in the way we collect election data. FiveThirtyEight carefully avoids and accounts for many of these sources of uncertainty. For example, herding of polls at the end of an election and the unusually high percentage of undecided voters at the end of the election.
I was tracking their polling aggregator in "real time" daily and all it did was give me a false sense of security. Now we have Trump.
The bigger issue IMHO is how much attention is given to polls and predictions, when they try to amplify useful data from tiny differences in key states. Results that indicate "we can't really know" seem likely, but make for really bad headlines. And worst case, some people actually think 70:30 means they can stay at home and not go vote or something...
People saw 70% and rounded up to "Hillary".
For a psychological counterbalance, imagine your doctor tells you you have a 70% to be alive this time next week. Yet in the political realm people were calling that a "sure thing".
That's a 100% failure rate.
Now, they're trying to claim that they were the least wrong? LOL.