Nate Silver: The Data Demystifier

… Evaluating the ingenuity of Silver’s mathematical models can be difficult. But it’s easy to admire his accuracy and the savvy with which he chooses the problems he wants to solve. “I’ve tried to pick fields where the competition was not that good,” he says, laughing. He’s actually serious. When [...] Read more »

Intrade, We Hardly Knew Ye

… Beyond the gambling fun, Intrade was believed to be very useful for those interested in forecasting elections. Polls have the disadvantage of being meaningful and accurate only within a few months—or weeks—of an election, since most voters aren’t well aware of the candidates or issues until then. By contrast, [...] Read more »

The Oscars Number Crunchers

… After quantitative predictions did well in forecasting the U.S. presidential election last November, many similar ones have sprung up around the annual film awards ceremony. Sarah Sluis, assistant staff editor at Film Journal International, thinks these forecasts have appeared on the scene because this year’s race is relatively unpredictable. [...] Read more »