Tuesday, 28 October 2014

Ottawa Election Evaluation


As I mentioned below, I was underconfident in many of my predictions for winners, and overrated the chances for the minor candidates.  In particular, here are the actual probabilities for each of my forecasted classes:

  • All 9 candidates who I said had a 95-100% chance of winning won.
  • All 6 candidates who I said had a 70-80% chance of winning won.
  • 4 out of 5 (80%) of the candidates who I said had a 55-60% chance of winning won.  Katherine Hobbs was the exception.
  • 3 out of 7 (43%) of the candidates who I said had a 30-40% chance of winning won.
  • 2 out of 13 (15%) of the candidates who I said had a 20-25% chance of winning won.  
  • None of the 13 candidates who I said had a 10-15% chance of winning won.
  • None of the 22 candidates who I said had a 1-5% chance of winning won.
The calibration curve from this data is shown below.  The line represents a properly calibrated forecast, where the forecasted probability is the same as the actual probability.

I underestimated the probability that the leading candidates would win, as the dots are above the line for forecasted probabilities greater than 40% or so.  I similarly overestimated the chances that trailing candidates would win, as the dots are below the line for probabilities smaller than 40%.  To be fair, this analysis assumes the races are uncorrelated, which I never claimed and I don't think is true.  I think this may have been an unusually good year for incumbents, especially in comparison to, for example, 2010.
The chart below shows the margin of victory for forecasted winners, as a function of the forecasted win probability:

Obviously the margin of victory is increasing in forecasted win probability, which is good to see.  The biggest outlier is again Katherine Hobbs, the (60%, -25%) point.
In terms of a single number, the average Brier Score of my forecasts is 0.209.

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