Nate Silver on Election Forecasting
This week on our Masters in Business radio podcast, we speak with Nate Silver of FiveThirtyEight.com.
Silver first gained public attention with his forecasts of political elections. Eschewing the anecdote-driven approach of the mainstream media, Silver takes a statistical average of all surveys and polls, adjusting for known tendencies and biases. The result has been a stunningly accurate run of predictions. Be sure to listen to the segment on the electoral process and his insights into Donald Trump, Bernie Sanders and Hillary Clinton. Silver received his bachelors in economics in 2000 from the University of Chicago, and is the author of "The Signal and the Noise: Why So Many Predictions Fail–but Some Don’t."
Next week, we speak with Paul McCulley, former chief economist at Pacific Investment Management Co.
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