nate silver

Statistics wizard Nate Silver gives his Oscar predictions

With great precision FiveThirtyEight's Nate Silver predicted which states President Obama would win in his second-term election. Now he is applying his statistical-analysis methods to predicting who will take home the Oscars on Sunday.

Silver has made Oscar predictions in the past, but with only 75 percent accuracy. By comparison, he picked all 50 state winners in the 2012 presidential election. Silver refined his Oscar prediction models this year by assigning weights to the glut of movie awards that precede the Oscars, similar to how he weighted the various polls in calculating his election predictions. Silver explained:

These patterns … Read more

Among the top election quants, Nate Silver reigns supreme

While there's already been whole swimming pools of ink devoted to the Election Day prediction performance of polling aggregators like FiveThirtyEight blogger Nate Silver, CNET is ready to hand out one more round of kudos to the king of the quants.

By now, anyone following the presidential election knows that Silver successfully predicted the winner in the race between President Barack Obama and former Massachusetts Gov. Mitt Romney in all 50 states. That performance was one for the ages, earning him worldwide admiration and validating a polling aggregation model that had drawn mockery and ire from many pundits.

But … Read more

The post-election tech tally: Winners and losers

Elections are all about winners and losers, who is up and who is down. Here's a CNET look at the winners and losers in the 2012 election in which President Obama bested former Massachusetts Gov. Mitt Romney, from a tech perspective.

WINNERS

Nate Silver: The FiveThirtyEight forecaster's algorithms correctly calculated that on election day President Obama had a nearly 92-percent chance of winning, and accurately projected the voting outcome in 49 states (Florida has not yet been called).

Read: Obama's win a big vindication for Nate Silver, king of the quants

Big data: Many, especially … Read more

Obama's win a big vindication for Nate Silver, king of the quants

In the end, big data won.

Not the presidential election -- although there's no doubt that President Obama's victory tonight was aided by a sophisticated understanding of the American electorate born of years of analysis of voting trends and demographic shifts.

No, big data -- and its patron saint, Nate Silver -- won the battle to predict the outcome of the contest between Obama and former Massachusetts Gov. Mitt Romney. Where breathless pundits brandishing equivocating polls shouted from the rooftops over the last few weeks that the race for the White House was a "tossup," or &… Read more

Can Nate Silver and friends nail their presidential predictions?

Anyone who's even remotely interested in this year's contest between President Barack Obama and former Massachusetts Gov. Mitt Romney has no doubt seen countless polls, many of which have shown the incumbent in the lead, while many others have given the nod to the challenger.

In recent weeks, many headlines have declared the election a tossup. A common narrative being spread in newspapers, on blogs, on social media, and on TV nationwide, is that no one will have any idea who will be elected president until all the counting is done because the race is simply too close … Read more

FiveThirtyEight.com's Nate Silver on life post-election

AUSTIN, Texas--If there was one name that stood out on the agenda of speakers at the South by Southwest Interactive (SXSWi) festival here this week, it was famed FiveThirtyEight.com blogger Nate Silver.

Known as a statistical wunderkind, his models predicted the final outcome of the 2008 presidential election to within .4 percent of the final popular vote. But more important to many Democrats who had their hopes for electoral victory dashed by George W. Bush in 2000 and 2004, FiveThirtyEight.com--which got its name from the total number of electoral votes available--was able to provide daily affirmation that Barack Obama was really winning, even when many were tempted to believe he would be overcome by Sen. John McCain.

Silver was SXSWi's keynote speaker on Sunday, and he and interviewer Stephen Baker of Business Week went onstage in front of an audience of about 2,000 fans, most of whom were there to hear Silver talk about the secret sauce behind his hugely popular blog.

What many might not know is that Silver first came to prominence not in the political realm, but in baseball, where he authored Baseball Prospectus, a well-regarded baseball statistics site. Many might see the connection between baseball and politics as far-fetched, but to people like Silver, it's a very direct path.

Still, before starting FiveThirtyEight.com, he wasn't entirely a political neophyte. Silver had already begun to make a name for himself in the liberal political blogosphere with a series of data-rich posts on DailyKos. When he began to recognize some significant holes in the national polling establishment, he decided to step in to fill the void.

After his keynote interview, Silver sat down with CNET News and talked about the election, how his site got started, and more about the philosophical similarities between baseball and politics.

Q: Many Democrats were emotionally tied to what you were doing, in the sense that your data kept them calm during the election. Did your own numbers keep you calm? Nate Silver: Yeah, I think so. I'm just one of those people that likes to try and dissect a problem and once you started to dissect, some days you feel better about it. If I ever get cancer, the first thing I'll probably do is go on the Web and collect a bunch of data about different survival rates. I just feel better about things when I do them that way. It's a nerdy kind of thing to do.

Q: We were able to get up every day and look at the data and see what was going on. And this is not something you could do because it was your own data. How your own data affect how you felt about what was going on? Silver: I wouldn't be frustrated by it if McCain or Obama picked up points on a particular day. Sometimes you get frustrated if you know that something you did reveals something about your model. When something doesn't feel right, and you go and make changes. And we made a lot of changes over the course of the campaign where, even as recently as two weeks before the election, we were tweaking little parameters, and what started out as a pretty simple system--taking weighted averages of polls--became much more complex over time. But, yeah, we were never saying we had the perfect answer. We were always trying to improve things as we went along.

Q: The blog had an overt liberal position, but you always said the statistics were objective. What kind of feedback, if any, did you get from conservatives? Silver: We had a pretty good balance. We had probably about a 2-1 ratio in terms of liberal versus conservative readers, based on the comment threads. Now that we're not in an election, I think it's swung more toward the liberal side, both in terms of my writing and what people are reading about.

We try and be fair. That's the main thing, we try and be forthright. There's so much commentary from conservatives, also from liberals, that is just entirely disingenuous about certain things. It's a lot of cheerleading and cherry-picking of data. We're trying to present a case that by and large is a liberal's case, because it's my case. It's how I see the world. But we're trying to use data to do it where a lot of people just make bad arguments. … Read more