Hacker News new | ask | show | jobs
by RivieraKid 2067 days ago
> If you fit a model and don't explicitly constrain against "un-physical" results like negative correlations, you'll end up with them.

The Economist model does exactly that, and all of their correlations are positive.

I recommend reading their methodology, they know what they're doing (I wouldn't say the same about 538). Andrew Gelman has developed some of the Bayesian methods and software that people like Nate Silver use, he's the main author of what's considered a reference book on Bayesian statistics.

2 comments

I think the question is if it matters to the predictive accuracy of the model. Just because it puts out results you can't envision actually happening on the margins doesn't mean they can't happen, or that they can't be valuable in presenting a holistic result.

It's clear that the models are tuned differently, but from Silver's replies in the PS's, it seems that he's ok with these artifacts being part of the model.

Yes, it increases the state-level and national uncertainty intervals (Andrew Gelman has talked about this several times on his blog), which improves Trump's odds.
Sure, but that's not necessarily wrong. Any decision in the model will change Trump's odds in one way or another. The question is if it makes it closer to the (unknowable) real odds.

Just because intuition says it should be longer odds for Trump doesn't mean that's right.

My statistics knowledge has withered away, but isn't this quibbling over overall approach? 538 seems do be doing a top-down approach while the Economist is more bottom-up. What is strange is that a person affiliated to the Economist is then asking why the 538 model's emergent properties aren't exhibiting more bottom-up characteristics .