What’s The Point Of Election Forecasts?

New York Times: “While election polling has been around for more than a century, election forecasts have come to the forefront only in the past decade and a half. And while polls are intended to provide a snapshot in time, taking the pulse of how Americans are feeling about a race, forecasts go a step further, analyzing the polling and other data to make a prediction about who is most likely to win, and how likely.” “But this year, with the polls already showing a razor-thin presidential race, the forecasts often indicated that the race was tied nationally or in swing states, or they gave one candidate or the other only a slight edge.” “These results raise the question: What is the value of these election forecasts?

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