According to 538 as of today... Republicans have a 57.1% chance of winning a majority.
http://fivethirtyeight.com/interactives/senate-forecast/
More interestingly (to me since we already knew that) however is that 538 discloses they use a model to "unskew" the polls.
The effect of their model is to discount the polls which differ from a range of the strong pollsters results. His method gives more weight to pollsters whose polls come in close with the final results of previous races.
So in short his models brings polls back into line with templates created by previous elections.
The JEM algo.... all modeled out. IMO
(note his state model is more complicated and looks reasonable at first glance)
see here...
FiveThirtyEight’s pollster ratings are calculated by analyzing the historical accuracy of each firm’s polls along with its methodology. Accuracy scores are adjusted for the type of election polled, a firm’s sample size, the performance of other polls surveying the same race, and other factors. We also calculate measures of statistical bias in the polls.
http://fivethirtyeight.com/interactives/pollster-ratings/
(I am sure he will say he had the algo first... but I never saw it back when the JEM algo was developed on the skewed polls some which were D plus 11 or more.) Also note this is all in good fun. I realize he has far more experience with stats and polls than I have.
See also... here where he unskews the pollsters in a simple manner.
Perhaps the simplest measure of poll accuracy is how far the poll’s margin was from the actual election result. For instance, if a poll had the Democrat ahead by 10 percentage points and she actually won by 3 points, that would represent a 7-point error. In the table below, I’ve listed polling firms’ average error for elections from 1998 through 2007, and again for the same polling firms for elections from 2008 onward. (About half the polls in our database are from 2008 or later, so this is a logical dividing point.) I’ve restricted the list to the 28 firms with at least 10 polls in both halves of the sample.
http://fivethirtyeight.com/features/how-fivethirtyeight-calculates-pollster-ratings/
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http://fivethirtyeight.com/interactives/senate-forecast/
More interestingly (to me since we already knew that) however is that 538 discloses they use a model to "unskew" the polls.
The effect of their model is to discount the polls which differ from a range of the strong pollsters results. His method gives more weight to pollsters whose polls come in close with the final results of previous races.
So in short his models brings polls back into line with templates created by previous elections.
The JEM algo.... all modeled out. IMO
(note his state model is more complicated and looks reasonable at first glance)
see here...
FiveThirtyEight’s pollster ratings are calculated by analyzing the historical accuracy of each firm’s polls along with its methodology. Accuracy scores are adjusted for the type of election polled, a firm’s sample size, the performance of other polls surveying the same race, and other factors. We also calculate measures of statistical bias in the polls.
http://fivethirtyeight.com/interactives/pollster-ratings/
(I am sure he will say he had the algo first... but I never saw it back when the JEM algo was developed on the skewed polls some which were D plus 11 or more.) Also note this is all in good fun. I realize he has far more experience with stats and polls than I have.
See also... here where he unskews the pollsters in a simple manner.
Perhaps the simplest measure of poll accuracy is how far the poll’s margin was from the actual election result. For instance, if a poll had the Democrat ahead by 10 percentage points and she actually won by 3 points, that would represent a 7-point error. In the table below, I’ve listed polling firms’ average error for elections from 1998 through 2007, and again for the same polling firms for elections from 2008 onward. (About half the polls in our database are from 2008 or later, so this is a logical dividing point.) I’ve restricted the list to the 28 firms with at least 10 polls in both halves of the sample.
http://fivethirtyeight.com/features/how-fivethirtyeight-calculates-pollster-ratings/
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