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re: Sensing a little bit of unease from Nate Silver today
Posted on 10/27/20 at 1:38 pm to Goldrush25
Posted on 10/27/20 at 1:38 pm to Goldrush25
quote:
Just because you can't ever be "proven wrong" doesn't mean that there's not value in attempting to anticipate future events based on past events.
but this is only as valuable (in real time) as the data fueling your modeling is
i'm not arguing "wrong" or "right" (b/c as long as Silver never goes to 0% he is always "right"). just saying the probabilities are garbage b/c they're being calculated by garbage, biased input
Posted on 10/27/20 at 1:42 pm to SlowFlowPro
there's 1 clear example of bad input to a 538 model: the 2016 presidential election. they've proven to do a good job predicting results over the last decade.
538 has never tried to be "wrong" or "right", just apply probabilities. They also never give 0 because it's impossible to give zero, the mathematics of probability prevent a 0% chance in an election based on people voting when they haven't asked every single one the voters. They don't avoid saying 0 to avoid being wrong, it's just math.
538 has never tried to be "wrong" or "right", just apply probabilities. They also never give 0 because it's impossible to give zero, the mathematics of probability prevent a 0% chance in an election based on people voting when they haven't asked every single one the voters. They don't avoid saying 0 to avoid being wrong, it's just math.
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