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Let's Know Things

The Election Industry

Let's Know Things

Colin Wright

News Commentary, News

4.8593 Ratings

🗓️ 17 December 2019

⏱️ 40 minutes

🧾️ Download transcript

Summary

This week we talk about polling, the voting machine industry, and election hacking.


We also discuss oligopolies, confidence intervals, and the Reverse Bradley Effect.



This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe

Transcript

Click on a timestamp to play from that location

0:00.0

An opinion poll is a sociological exercise that attempts to extract representative opinions from a sample of the relevant population.

0:23.6

What that means in practice is that you ask a group of people questions in order to understand

0:28.2

what they believe about something, and that group is meant to be proportionate to the larger

0:32.9

group you're trying to assess. So if you wanted to understand what a particular demographic, let's say

0:38.6

American teenagers, think about a new product, you would get a group of American teenagers with the

0:43.6

right ratio of different backgrounds, cultures, tastes, ages, and ask them a series of questions

0:49.1

in an attempt to uncover useful data, ranging from whether or not they like a particular thing to whether

0:55.7

they'll buy it, at what price, why they do or do not like it, and so on.

1:00.6

Scaled up to the size of a country, opinion polls are often used in the political world

1:05.1

to predict voter turnout and who those voters will vote for. As with product-market analysis, political pollsters identify a representative sampling,

1:15.4

a group of people who are raciotically representative of the racial and economic and educational

1:21.2

and gender identity background of a voting population, and ask them questions about their

1:26.6

intended future actions.

1:28.6

Will they be voting in the upcoming election? Who for? Will they be going straight ticket or

1:33.0

voting for people of various parties? What policies do they support? What news items make them

1:38.4

worry about their choice? What do they think about the leading candidate from the other side?

1:43.8

The theory is that if you can understand what this smaller but ostensibly

1:47.6

depictive group thinks about something, you can then scale those findings up and have a pretty

1:52.8

good idea within a semi-reliable confidence range, let's say with 5% uncertainty, who will win

1:59.7

an election, and who will lose, and often by how much,

2:03.4

which groups will have changed their favored party since the last election, which demographics

2:08.2

came out most strongly overall, and which came out most strongly for a given candidate,

...

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