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Democratic Primaries
In reply to the discussion: Reminder: betting markets have Bernie as the *most* electable candidate. [View all]TexasTowelie
(125,195 posts)39. LOL.
Thanks for demonstrating your mastery of statistics to someone that has a degree in mathematics and worked as a statistician for 25 years.
primary today, I would vote for: Joe Biden
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Reminder: betting markets have Bernie as the *most* electable candidate. [View all]
DanTex
Feb 2020
OP
wow using betting markets as viable data only works in a loser paradise like las vegas IMO nt
msongs
Feb 2020
#5
Actually, they are based on the odds that would get equal money to bet for and against.
DanTex
Feb 2020
#8
It's also kind of ironic that the socialist candidate is ahead in the markets, and the
DanTex
Feb 2020
#9
Causal fallacy. What's comical is that you pin the change on Sanders' rise rather than impeachment
JudyM
Feb 2020
#32
It's 58.6%. 34% are the odds of both winning the nom and also going on to win the presidency.
DanTex
Feb 2020
#11
Huh? Winning the presidency and winning the nomination are not independent events.
DanTex
Feb 2020
#21
If you think that Bernie getting the nomination and Bernie becoming president are independent
DanTex
Feb 2020
#30
That makes you look very smart - putting in probability theory and all those equations and letters.
ehrnst
Feb 2020
#49
Again, ad hominem attacks don't change the math, which is pretty straightforward here.
DanTex
Feb 2020
#40
Yes, that's always the best indicator. Why ever gave us the idea of voting in a primary
ehrnst
Feb 2020
#46
But when you follow math that simply looks good to you, but isn't really accurate
ehrnst
Feb 2020
#47
You are conditioning on two different events, which is why it sums to more than 100.
DanTex
Feb 2020
#51
And Trump? If he wins the primary, his conditional probability is 60% of winning?
andym
Feb 2020
#58
So your numbers don't really mean that Bernie's chances are 58% of winning after the nomination
andym
Feb 2020
#63
I corrected/updated that post using the appropriate statistics: the hypergeometric series
andym
Feb 2020
#68
You are not taking into account the chance of another Democrat winning the nomination
muriel_volestrangler
Feb 2020
#66