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Comment by legitster

8 hours ago

If I say you have a 50% chance to win a coin flip and you lose it, that doesn't mean I'm wrong.

A key thing though is 538 did regularly test the calibration their models: https://web.archive.org/web/20190410030104/https://fivethirt...

> "What you’ll find, though, is that our calibration has generally been very, very good. For instance, out of the 5,589 events (between sports and politics combined) that we said had a 70 chance of happening (rounded to the nearest 5 percent), they in fact occurred 71 percent of the time. Or of the 55,853 events that we said had about a 5 percent chance of occurring, they happened 4 percent of the time."