I learned from the reporting on the financial crisis there is no way to model your way out of bad data! https://twitter.com/jim_newell/status/1324078869025071105 …
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Replying to @chrislhayes
The data is bad, but that doesn't save the models! These forecast models cannot be evaluated both because the data is demonstrably unreliable and has been for a while, and the modeling these rare events *with bad data to boot* is not informative. This isn't complicated.
13 replies 16 retweets 158 likes
Replying to @zeynep @chrislhayes
Campaigns can use them (should be cautious about them anyway), they can be used to look for fraud (expected correlations etc.) or people who enjoy gambling as entertainment can treat them as entertainment. The rest, along with horse race coverage, not that helpful.
12:19 PM - 4 Nov 2020
0 replies
4 retweets
33 likes
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