I’d need to read it again, with pen and paper, to gain an understanding of why the Student-t distribution is the right thing to compute. At the very least I can say this: the probability of one’s vote tilting the election is certainly higher in very close elections (as measured beforehand by polls, say) than in an election such as Obama-McCain 2008. The article you quoted suggests the difference in probabilities is much higher than I anticipated. (Unless my calculation, which models the closest possible election, is incorrect.)
Edited to add: Okay, I’ve incorporated the probability p that the coin lands heads into the calculation. Even when p=50.05% instead of 50% (closer than any presidential election since Garfield/Hancock), the chance of one vote tilting the election drops by over four orders of magnitude. So for practical purposes, my initial calculation is irrelevant. - At least this was a good lesson in bias: this argument was easy to find, once Wei’s comment got me to consider the alternative in the first place.
I’d need to read it again, with pen and paper, to gain an understanding of why the Student-t distribution is the right thing to compute. At the very least I can say this: the probability of one’s vote tilting the election is certainly higher in very close elections (as measured beforehand by polls, say) than in an election such as Obama-McCain 2008. The article you quoted suggests the difference in probabilities is much higher than I anticipated. (Unless my calculation, which models the closest possible election, is incorrect.)
Edited to add: Okay, I’ve incorporated the probability p that the coin lands heads into the calculation. Even when p=50.05% instead of 50% (closer than any presidential election since Garfield/Hancock), the chance of one vote tilting the election drops by over four orders of magnitude. So for practical purposes, my initial calculation is irrelevant. - At least this was a good lesson in bias: this argument was easy to find, once Wei’s comment got me to consider the alternative in the first place.