Nobody knows who the hell is gonna win the election, and if they say they're 93.8% sure, don't believe them.https://twitter.com/FiveThirtyEight/status/1224157228233625600 …
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Replying to @ezralevin @Biggan4Congress
If a model says 93.8%, believe it. Just don't act like it's 100%. 93.8% isn't 100%
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Don't believe it, because the model probability is not a measuring what it claims to measure.
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Replying to @BioTurboNick @ImaQzak and
The model isn't giving a probability of this team winning now. It's giving the fraction of times past teams would have won in similar situations, given the parameters used.
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Replying to @BioTurboNick @ImaQzak and
That is, it's more a historical comparison than a prediction.
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It's presented as a prediction - and a high probability prediction at that. A hard precise number for the "chance to win" with a fancy-sounding model behind it, and a conclusion that the other team will "need magic" to win. If that's not a prediction, what is it?
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The problem with models like this are that they are so easily misunderstood. Most people assume that a prediction like this makes it a sure thing. Like Nick said, this is essentially saying that, assuming everything works the way it has in the past, 93.8% of the time the 49rs win
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I mean, agree they're misunderstood, and I also think outfits like 538 have an interest in presenting themselves as soothsayers. The reason these estimates get as much play as they do is BECAUSE they're misunderstood.
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Agreed for the most part. 538 was one of the better outfits and @NateSilver538 was pretty good about reminding people that Trump had about a 1 in 3 chance of winning. A lot of people disregarded that.
BTW, I say this as someone who hates polls.
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