I honestly doubt most pundits even try to apply basic statistical methods to their assessments. Nate Silver strikes me as the exception, not the rule, and it’s important to remember that he only acquired his current credibility after doing very well in predicting results for two US Presidential elections in a row.
Also because it’s computationally difficult to figure out how multiple trends will interact.
I honestly doubt most pundits even try to apply basic statistical methods to their assessments. Nate Silver strikes me as the exception, not the rule, and it’s important to remember that he only acquired his current credibility after doing very well in predicting results for two US Presidential elections in a row.