A Yale economist has developed a model to predict the outcome of elections. I am not real impressed with the gentlemen who explained this in the article I linked to. I found his explanation to be kind of boring. But I am interested in learning more about models such as this to see if there is any value in it.
I have to agree with the commentator that the model doesn’t take into account a number of social factors that can easily impact the way the election swings. Not a very profound explanation on my part, but it is what I have to give right now.
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And the right tool used by the right person can be amazing.
I can use a hammer in almost every facet of life, yet there are still people who whine and say that it is not useful. The right tool used by the wrong person is worthless.
Mathematical models can be used in almost every facet of life, yet there are still those who whine about math not being useful.