Excerpt
SUMMARY: With such a close presidential race, many would like to look to pollsters and their political crystal balls for predictions. But what stats are the most reliable and accurate for predicting what will happen come Election Day? Paul Solman examines how polls and election markets parse data to come up with a winner.
JEFFREY BROWN (Newshour): Polls that say this, polls that say that, professional oddsmakers, and folks who just throw a dart at a dartboard. So who's got the most accurate forecast when it comes to the presidential race?
Our economics correspondent Paul Solman went on a quest for answers. It's part of his ongoing reporting Making Sense of financial news.
COMMENT: You can guess what I think by the title of my post.
Our U.S. elections have been given over to add agencies which pitch candidates and issues like they do cars, movies, candy bars, or the newest TV. Then you add the pundits and pollsters. The result is an poorly informed electorate.
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