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by sendos
3616 days ago
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I did look at some empirical data to derive the shape of the curve, though the derivation is not as thorough as it can be. If I get time to make the derivation more formal, I'll post in in the methodology section. One difference I have with 538 is that, I believe, they have some model of the state results, maybe with some correlation, and then simulate the election many times to come up with the PDF of results. On the other hand, I assume the state results are independent (conditioned on the latest polling) and so I am able to derive a closed form calculation of the PDF, with no simulations. So the independence assumption makes my calculation easier, though may not be as accurate as a model with correlation between states. However, the model has done quite well for the past three elections, so maybe the independence assumption is not that bad. |
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