Nate Silver is the best political forecaster

FiveThirtyEight’s “classic” forecast — which has become the gold standard in elections forecasting — gives Democrats an 85.6 percent chance of retaking the House and Republicans a 81.3 percent chance of holding the Senate, as of Tuesday evening.

So both of those are highly likely to happen, right?

Well, one person who’s been trying to complicate that assessment is FiveThirtyEight founder Nate Silver himself.

One point Silver has made over and over again in recent weeks is that even if you take his House and Senate forecasts at face value, when you think about both of them together, there’s around a 40 percent chance that one of them will be wrong.

Attached: D5AB8C73-3702-4F5C-88EB-0A7E41418205.jpg (1536x1536, 384K)

Other urls found in this thread:

covers.com/editorial/Article/88e5a81b-b51e-e711-80cb-44a8423171c1/One-day-before-Election-Day-Hilary-Clinton-re-established-as-massive-betting-favorite-trump
twitter.com/NSFWRedditImage

If your job involves working with numbers, you can make the numbers say whatever the fuck you want them to say.

So if he somehow ends up dead wrong again, why should he ever be employed at all again? As opposed to asking little Timmy what does he think will happen? Why does this guy deserve payment for predictions?

Uncertainty is a law of reality and a healthy and well-developed ego can process uncertainty (multiple outcomes) instead of regarding it as "terrifying."

This over-emotionality about EVERYTHING is so unhealthy.

Attached: Nate-silver-top-kek.jpg (690x6602, 551K)

>538
>People believing the media

This place isn't overrun by newfags

>Why does this guy deserve payment for predictions?

He is the king of forecasters, he is always right!

Attached: C8C366AF-B0A7-4189-9622-A418FDBD28CA.jpg (640x360, 191K)

political forecasting is a meme.

He has clearly asked his buddies to keep writing articles like this. I think he doesn't trust his own models, and he's smart enough to know that if he is wrong again he will have no more credibility and it will hurt his livelihood.

He's probably scared as fuck lol.

It’s worse than that. There have been no instances of each house going in opposite directions occurring in modern times.

Attached: 0AF0C4A2-53F2-4459-A49E-7D5B7F903852.jpg (1242x1975, 1.01M)

>works with math
its always wrong

Attached: 1479083815454.jpg (542x439, 17K)

>gold standard in elections for forecasting
isn't that the one that had Hillary at 98%?

And she won!

>around a 40 percent chance
>its actually 27.7 percent
ummm nate sweetie check your math

How do you get to 27.7%?

Attached: Nate Silver lol.png (1653x894, 124K)

What's funny is he never said that during the 2016 election.
This

every candidate has either a 100% or 0% chance to win. every other prediction is literally identical to 50/50, "i don't know." the universe is deterministic.

Nathaniel Copper

hahaha

Did he get hair implants? How do you get so much hair back from this? Or is it just a hell of a combover.

Attached: 604C238B-46D2-46C0-9DE9-71F0911C00BE.jpg (657x538, 157K)

People are essentially lying on some of the polls and opinions. That is not the only thing that goes into the forecast, but it's a factor.

More than anyone else. He would also have been highly ridiculed if he came out and said, "You know, I really think Trump is going to win." He just couldn't. Think of the reaction to Anne Coulter.

Will nate vapor finally disappear after this election?

Attached: 1539022978295.png (331x10000, 160K)

That forecast sounds about right. I think dems have a 100% chance of winning the house though.

He works in probability.

If he estimates someone has an 80% chance to win, they should lose 20% of the time.

If he's correct 100% of the time, he's good at politics, but really shitty at statistics.

The Democrats made a big mistake with Kavanaugh, and nobody’s talking about it: they educated the public. The public now knows full well that the Senate and Senate only confirms SC appointments. Any chance they had at the Senate is now gone.

No, that was Huffington post.

Huffington post mocked Silver for having Trump at a greater than 30% chance of winning, the highest of all statisticians tracking the election.

>Nate Silver

what an odd last name
i wonder which group of people are known for having surnames of precious metals

Attached: 1540218221997.jpg (2448x3264, 1.04M)

Polls are a lot like female purity. If you believe in it, its real bro.

Nice pic

and since elections happen only once, this is why election probability is a pseudoscience. nobody's predictions can ever be falsified unless they are 100% or 0%. anything else is a literal 50/50

>again
He's never truly been wrong. Check your facts.

Well, you can just look at each individual congressperson's chances of winning and pretty easily calculate how many were correct. You can just go to his site, look at how many House seats he estimates at 60% probability, and if more than 40% of them lose, you know how accurate he was.

he looks unhealthy

What's up with this nigga's hairline?

The basic information is too unrelieable. However you can measure trends and get a guestimate of the current state of the race.

Nates calculation stacking only ammplifies existing imprecision to the extreme.

Attached: 1477192310133.png (641x340, 54K)

it was done for the sake of facebook news which is filtered. so both sides can hear what they want if they rely on facebook news

Wasnt he using """""""""probability"""""""""" to determine if Kavanaugh was telling lies or not? Dude is a hack

>gives Democrats an 85.6 percent chance of retaking the House
bookies have it way different

nate silvershekelsteinberg can spread propaganda as much as he wants and he only has his "reputation" at stake, bookies (also kikes) would lose a shitload of money if they weighted the chances wrong. i'm going to believe the jew that has his money at stake.

Attached: hmm.jpg (1920x844, 188K)

Bookies lost a shitload of money on betting Clinton.

covers.com/editorial/Article/88e5a81b-b51e-e711-80cb-44a8423171c1/One-day-before-Election-Day-Hilary-Clinton-re-established-as-massive-betting-favorite-trump

>She’s a 1/5 chalk (-500) at both Ladbrokes and William Hill UK across the pond – meaning it would take a $500 wager to win $100 – and she’s all the way up to -650 at Sportsbook.ag.

bookies also have to factor in how people will bet so the lines they set arent always final score accurate

R A R E

honestly, i think people read FiveThirtyEight because its well funded enough to make simple to read and look at graphics like the interactive map that has you hover over and look at what candidates and percentages are for a certain race, regardless of whether or not they're accurate.

its amplifying imprecisions of real clear politics

push polls are aware of the weight of rcp averages and have to push even harder

>And she won!
Sure she did

Attached: theonlyvotethatmatters.jpg (780x438, 99K)

The America that you knew is gone forever. Every election is a life and death struggle for power.

Does anyone have the extended timeline photoshop?

How is he the "best"? How is any pollster the "best"?

beat me to it

Attached: goldsilver smug.jpg (400x309, 29K)

sorry, meant that one

Attached: Paper pals.png (277x274, 31K)

Because he'll twist his numbers to favor democrats. That's the only reason he's of use to them

Nate Silver was part of the crowd claiming Hillary had a 92% chance to win on election morning 2016. Here's how he looked later as reality caught up to his kike polls:

Attached: 1533650432340.jpg (1200x675, 147K)

It really all is leftwing psyop propaganda isn't it user?

Attached: 1524527531616.png (620x567, 374K)

>which has become the gold standard in elections forecasting
HAHAHAHAHAHA
Still riding high off that 2008 goodwill, the madman

Attached: nate_pewter.jpg (600x322, 33K)

But that's wrong.

Nate Zircoinium lost it all in 2016

You're incorrect

I'm surprised people think that the repubs will GAIN seats. Nate has it as a less than 1% chance. Nate may have been off in his predictions for the 2016 election, but he wasn't wrong by a factor of 99%.

>Nate Silver was part of the crowd claiming Hillary had a 92% chance
But he wasn't? His model gave what was probably the most conservative estimate, and it worked exactly as intended.

>Nate may have been off in his predictions for the 2016 election

How was he off? Didn't he give trump a 28% chance of winning?

He wasnt even wrong. He gave Trump a very solid chance of winning and was literally warning people that Hillary's electoral victory was far from certain based on the polling numbers.

Say what you want, but Silver was actually the only person going into the election with a reasonable projection. Everyone else was HILLARY 99.9% SURE TO WIN.
He had it at like 70-30. Which all things considered is pretty fair, Trump WAS the underdog.

Silver did nothing wrong.

If you want to know whether or not someone understands statistics, just ask them about the 2016 elections.

Yes. Off as in he wasn't right with his prediction.

>gold standard

Attached: GOLD_STANDARD_01.png (1320x772, 160K)

In 2016 he predicted Hillary would win and the dems would take both the senate and the house... this is your gold standard? How fucked are we then?

Attached: GOLD_STANDARD_02.png (1259x762, 127K)

it looks 50-50 for 2016 senate

His model didn't exactly predict a Clinton victory. His model simulates the election tens of thousands of times based on polling results with their margins of error and other factors through random sampling, and Trump won in 29% (roughly 2:5 odds) of the simulations on Election Day.

>he predicted the dems would take senate
>posts picture showing the outcomes are equally likely

I just want to address the elephant in the room here, did nate sandstone really just add 15% and 20% chance of both forecasts being wrong to come to around 40% wrong forecast? Did he really do that? Because the actual chance of one or both of these forecasts being wrong is around 30% if you actually know how percentages work. Completely ignoring the obvious political games he's playing, this is just sad.

Attached: 1538934391203.jpg (750x918, 96K)

But that clearly shows the polls he was working with were entirely inaccurate. They predicted a "Likely Win" in for Clinton in PA , MI, and NC.

>the gold standard in elections forecasting

>Democrats an 85.6 percent chance of retaking the House and Republicans a 81.3 percent chance of holding the Senate, as of Tuesday evening.

>there’s around a 40 percent chance that one of them will be wrong.

This guy can't clearly display and explain data to a non-expert audience.

But wait, there's more!

Attached: qjhjNCf_d.jpg (640x1113, 55K)

Fuck I love Nate Silver. He's such a cool dude and good commentator.

Attached: Nate Silver 2012 results.jpg (660x387, 56K)

*Nate Porcelain

He did get the math wrong but so did you.
The odds of one or more of his predictions being wrong is:
P(1 or 2 wrong) = (1 - P(both right))
= 1 - (0.813 * 0.856))
= 0.31 = 31%.

...

And this is taking his predictions at face value.

>Why should he be hired again?
Jewish nepotism.

Elections arent probabilistic events, its a deterministic event
The most fool proof way to do it involves pooling at least a few hundreds of people in EVERY SINGLE county, then doing some comparison to older election numbers from said regions.

Of course, it would be extremely expensive, so they just pool people from fewer places, and extrapolate the data with an error %. Which is FUNDAMENTALLY wrong

Horrible roudning. There's .856 * .813 = .69, rounded. There's around a 30% chance, assuming the statistics are valid, that either or both predictions will be false.