by DrDebugDU » Tue Sep 06, 2005 6:43 am
THE ELECTION MODEL<br>Created by TruthIsAll<br> <br>Final Projection<br>Last update: Nov.1, 2004 7:00 pm<br> <br>Kerry 337 EV / 51.80%<br>Bush 201 EV / 48.20%<br> <br>The model projects Kerry the winner in 27 states:<br> <br>AR, CA, CO, CT, DE<br>DC, FL, HI, IL, IA,<br>ME, MD, MA, MI, MN,<br>MO, NH, NJ, NM, NY,<br>OH, OR, PA, RI, VT, WA, WI<br><br>Election Model Projections<br>If the election were held today, then based on recent state polling, the Electoral Vote Simulation model calculates that John Kerry has a 99.8% probability of winning an electoral vote majority by a 337-201 margin and 51.80% of the popular vote. Kerry won 4990 of 5000 Monte Carlo simulated election trials.<br> <br>Based on the average of eighteen national polls, the National Vote Projection model calculates that Kerry has a 99.99% probability of winning a popular vote majority with 51.63% of the vote. <br> <br>For the final projection, the base case undecided/other allocation assumption to Kerry has been changed from 60% to 75%. This is consistent with the opinion of professional political pollsters. To gauge the sensitivity of the expected electoral vote and win probability to the allocation, the model calculated five scenarios: 60%, 67%, 75%, 80% and 87%.<br><br><!--EZCODE CODE START--><pre> Simulation Model Projection ModelCurrent% State Polling National Polling Weighted Average Combined AverageKerry 47.88 47.17Bush 46.89 46.89Projected% EV/Popular Vote Popular VoteKerry 337 / 51.80 51.63Bush 201 / 48.20 48.38Win Prob (%) Electoral Vote Majority Vote (5000 trials) (MOE: 0.73%)Kerry 99.80 99.99Bush 0.20 0.01</pre><!--EZCODE CODE END--><br><br>Bush Job Approval: 48.50% (11 Poll average)<br> <br>Click for detailed polling and analytic reports<br><!--EZCODE LINK START--><a href="http://www.geocities.com/electionmodel/index_files/ElectionModel.htm">www.geocities.com/electionmodel/index_files/ElectionModel.htm</a><!--EZCODE LINK END--><br><br>1. Kerry/Bush National Trend derived from Weighted State Polls<br><!--EZCODE IMAGE START--><img src="http://img353.imageshack.us/img353/1117/electionmodel9609image0010sb.png"/><!--EZCODE IMAGE END--><br><br>More graphs at: <!--EZCODE LINK START--><a href="http://www.geocities.com/electionmodel/">www.geocities.com/electionmodel/</a><!--EZCODE LINK END--><br><br>The Gospel according to the Polling Gurus:<br>1- If an incumbent is polling below 50%, he's in trouble. <br>Bush is barely averaging 47%.<br><br>2- If an incumbent's approval rating is below 50%, he's in trouble.<br>Bush is at 48.50%.<br><br>3- If an incumbent has less than a 3%-4% lead in the final polls, he’s in trouble.<br>Bush is tied with Kerry. <br><br>4- Undecided voters break for the challenger.<br><br>Poll Updates:<br>Zogby: Kerry 47 Bush 48 (Kerry -1)<br>TIPP: Kerry 44 Bush 45 (Kerry +4)<br>Rasmussen: Kerry 47.4 Bush 48.8 (Kerry -.4)<br>FOX: Kerry 48 Bush 45 (Kerry +1)<br>WaPo: Kerry 48 Bush 48 (Kerry -1)<br> <br>Florida and Ohio scenarios:<br>If Kerry<br>1) wins FL and loses OH, he has a 99.3% win probability with 307 EV.<br>2) loses FL and wins OH, he has a 98% win probability with 300 EV.<br>3) loses FL and loses OH, he has a 75% win probability with 280 EV.<br>4) wins FL and wins OH, he has a 99.8% win probability with 327EV.<br><br>Election Model Methodology (see below for a complete description):<br><br> <br>The Election Model actually consists of three individual models:<br> 1) National Polling Model I – based on national polls from 9 independent polling firms.<br> 2) National Polling Model II – based on national polls from 18 independent and corporate media firms.<br> 3) Monte Carlo Simulation model - based on state polls.<br> <br>In each National Polling model, the average vote percentage split is calculated. All three models PROJECT a vote percentage by ALLOCATING the undecided and others to Kerry and Bush. The base case assumption is that 60% will split for Kerry and 40% to Bush. The rationale for the assumption: historically, the undecided vote breaks for the challenger.<br> <br>National and state win probabilities are calculated based on the adjusted poll projections. The Normal Distribution is used to compute the probability of winning a majority of the national votes in the National models, and the probability of winning a majority in each of the states in the Monte Carlo simulation model.<br> <br>The Monte Carlo simulation method (consisting of 5000 election trials) is executed to calculate Kerry’s EXPECTED Electoral Vote and win probability, based on his individual state win probabilities. The national election win probability is equal to the total number of electoral vote wins, divided by 5000 (election trials).<br><br>Sensitivity Analysis<br>A powerful feature of the Election Model is the built-in sensitivity analysis. We analyze how various undecided voter allocation assumptions effect Kerry’s projected popular vote, electoral vote and win probability. The base case assumption is that Kerry will win 60% of the undecided vote. But what if he does better than that? What if he does worse? To get a feel for the probabilities, we calculate Kerry’s prospects for the following undecided allocations: 50%, 55%, 60%, 67% and 75%.<br> <br>In the EV Simulation model, Kerry’s electoral vote win probabilities increase as his undecided allocation increases from 50% to 75%. His projected vote, electoral vote margin and number of winning states increase accordingly.<br> <br>Both National models calculate the probability of a popular vote majority, given the same undecided allocation scenarios. The win probabilities are calculated using national polling data, unlike the EV simulation which uses state polling.<br><br>Election Model Methodology<br><br>There are three primary methods for tracking and predict elections. Each utilizes different data sources.<br><br>The first analyzes economic factors: growth, jobs, inflation, etc. Economic and political forecasters have had some success using this approach (after all, this is what they do for a living) by employing an econometric models based on multiple regression and/or factor analysis. The derived formula weights the variables in order to predict those which most affect the popular vote. How some can forecast a 58% popular vote for Bush, considering the economic and political events of the last four years, is a mystery to me.<br><br>The second method tracks the national polls and projects undecided or third party voters in order to predict the winner of the popular vote. There are about 15-20 national pollsters. A majority of the popular vote does not mean the winner will gain 270 electoral votes. For all practical purposes the winner of the popular vote will most certainly win the electoral vote. The possibility that he won’t can only occur in extremely close elections where the winning margin is less than 0.5%. In fact, in a 51-49 popular vote split, there is virtually zero probability that the popular vote winner would lose in the Electoral College. In 2000, Gore won the national vote by 0.5% and would have won Florida if all the votes were counted. Unfortunately, the Supreme Court stopped the recount and voted 5-4 for Bush.<br><br>A third method tracks the individual state polls. The focus of this method is to predict the electoral vote spread. Ten to twenty tight battleground states usually hold the key to the election.<br><br>In the Election Model, methods two and three are used. Polls have been pretty good indicators, provided they are current and unbiased.<br><br>The Model uses national and state polls as the basis for the projections. The only projection assumption is in the allocation of undecided/other voters. Historically, undecided voters have split at least 2-1 for the challenger. The Model projects 60% will vote for Kerry as a base case assumption. So if a poll has the race tied at 45- 45, then Kerry’s is considered to be leading by 51-49, since he will receive 60% of the remaining 10%.<br><br>One advantage of national polling is its relative simplicity and point “spread”<br><br>focus. If the spread exceeds the polling margin of error (MoE), typically +/-3% for polls of 1000 sample size, then based on statistical theory, the leader has a 95% chance of winning the election - assuming a) the election was held that day and b) poll is an unbiased sample of the actual voting population.<br> <br>But that is just the probability for a single poll. If we consider three polls, or equivalently, a single poll of 3000 samples, the MoE tightens to +/-1.80%. Assuming that the average split is 52-48%, there is a 95% probability that the leader will receive between 50.2% and 53.8%. If we add the 2.5% probability that he will exceed 53.8%, then he has a 97.5% probability of winning at least 50.2% of the vote.<br><br>Now let’s consider fifteen polls. Here the MOE is a very tight +/-0.80% confidence interval. For the same 52-48 % average spread, the probability is 95% that the leader will receive between 51.2% and 52.8% of the popular vote. The probability that the leader will exceed 50% of the national vote is 99.99+%. If the leader has an average 52%-48% lead in 15 national polls the day before the election, then an election defeat will be extremely unlikely. In fact the odds would be less than one in a thousand. <br><br>The 95% confidence interval around the mean is derived from the MOE. The MOE is 1.96 times the standard deviation, which is a statistical measure of the variability of polling observations. The standard deviation, along with the 2-party poll ratio, is input to the normal distribution (the bell-shaped curve) in order to determine the probability of winning a majority of the vote in the national (2) and state models.<br><br>But an electoral vote majority (270), not the popular vote, is the magic number. To calculate the expected EV from state polling data, we calculate the probability of winning each state and then apply the popular Monte Carlosimulation method. State polls typically sample 500-600, so the MOE is wider (+/-4%) than the 3% MOE in National polls. Just like in the National model, the probability of winning each state is calculated based on the state polling spread, adjusted for the same allocation of undecided/other voters.<br> <br>In the case of a 50-50 poll split, assuming undecided voters are allocated equally, each candidate has a 50% probability of winning the state. If the split is 60-40, the probability that the leader will win the state is 99.99%. If the polling split is 51-49, the leader has a 69% chance of winning the election. For 52-48, the probability is 83%. It’s 97% for a 53-47 split (outside the MOE).<br><br>So this is how we determine the probability of winning the election: In a Monte Carlosimulation, we run 5000 simulated election trials to determine the probability of winning 270 Electoral Votes. The probability is the number of election trial wins divided by 5000.<br><br>In each state trial run, the model generates a random number (RND) between 0 and 1. The RND determines who wins the state. For example, if the RND generated for FL is .55 and Kerry has a .60 probability of winning the state, then he wins the state in this trial since the RND fell in the interval from 0 to 0.60. If the RND is greater than .60, then FL would go to Bush in this trial run. In this fashion, the model proceeds to generate an RND for each state, assigning its electoral votes (EV) to the winner. The total number of electoral votes calculated for each of the 5000 election trials. If Kerry wins 4900, then he has a 98% probability (4900/5000) of winning the election. The model also calculates Kerry’s expected (mean) electoral vote by averaging his EV totals in the 5000 trials.<br><br>An advantage of the simulation approach is that it minimizes poll “whiplash” (slight changes in state polling which causes the leader to change. This will not affect the total expected EV as much it would if we assigned ALL of the electoral votes to the leader, even if he was ahead by just 0.5%.<br><br>Using national and state models has another advantage: it provides a mathematical confirmation between the two methods. If the results differ, it could mean that the state polls are more current than the nationals, or that the accuracy of the state or national polling data (or both) is questionable. That is why the model uses 18 national and 51 state polls. This reduces the margin of error, so that we have more confidence in the results.<br><br>A final word, one that cannot be over-emphasized: The Election Model calculates the PROBABILITY of a Kerry win. It does not PREDICT a Kerry win.<br> <br>The Election Model AVERAGES the latest national and state polls, then ADJUSTS the averages by ADDING an ASSUMED undecided voter allocation, and APPLIES statistical theory, based on the number of polls and the average MOE, to determine the PROBABILITY of winning the election. <br><br><!--EZCODE LINK START--><a href="http://www.geocities.com/electionmodel/">www.geocities.com/electionmodel/</a><!--EZCODE LINK END--> <p></p><i></i>
