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Showing posts with the label projection

2016 General Election Prediction

The presidential election is just few days away and this is the perfect time to jump into the prediction game as many others had ( Nate Silver , Sam Wang ,  Drew Linzer , and others). One way to estimate the outcome of the election results is to use data from polls. Many factors can be taken into consideration when performing a projection, such as historical trends, media coverage, debates, etc., but the advantage of considering polls is that it gives a data that is chronologically close to the desired event. We can think about the election as a guessing game: How much does each candidate measure  on election day? We are measuring  each candidate on the population on election day and polls give a good source of information on how this measurement is currently changing. It is important to realize that these measurements are dynamic  and get affected by events.  Every time big polls are published, knowing the current measurement makes it to change . Th...