Statistics/odds not what they are cracked up to be.

As the 2012 Presidential election moved toward its conclusion, so called “statistics guru” Nate Silver received so much more credit than he deserved for saying Barack Obama would win a second term as United States President.

I heard David Plouffe, a vital part of the Obama team, and one truly privy to the real numbers say as much at the 92nd Street Y, after hearing too much praise from NYC Democrats regarding Silver.

Plouffe, as an obvious Obama supporter was grateful to Silver for the perception but his “real numbers” kept him confident, in the race vs Mitt Romney.

Now in my next post, I will take apart something from “Five Thirty Eight” which is part of ESPN (a good indication of lowered standards).

Possibly I could value their political race odds but sports, I do not think so.