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But where might a state poll go wrong? The most obvious answer is with independent voters, voters who haven't made up their mind yet. For example, Rasmussen's latest Colorado poll has 5% of people undecided, 6% of people for some third party candidate, and equal percentages for the two major party candidates [link] . State level polls are fine for a month before an election: vice presidential candidates are decided, undecided voters are becoming less and less common, primary struggles are long finished, and party conventions are over. But as of the writing of this paper, these factors, crucial for the accuracy of polls, are not yet decided.

A key to predicting a presidential election is using swing states as the focus of the analysis. In the United States, swing states such as Ohio, Florida, Colorado, Virginia, and Nevada are different than other states in the sense that they are on the border between Republican and Democrat, hovering around 50% in recent elections. These swing states are often bellwethers for the presidency. For example, no president has been elected without winning Ohio since John F. Kennedy lost Ohio in 1960. Also, by focusing on the state level, data becomes more meaningful. For example, while the national unemployment rate is hovering around 8.2% for the June jobs report from the Bureau of Labor Statistics, North Dakota has unemployment below 5% whereas Nevada and California have statewide unemployment rates above 10% [link] . Unemployment levels by county can vary even more from the national average [link] . The point here is that while national averages are indicative of the state of the country as a whole, they are less meaningful for the states in question.

One important insight about the level of detail available on the state and local level is the relationship between counties in a state. Two observations are absolutely critical for the prediction method described herein. First is that strongly Republican counties are usually not right next to strongly Democratic counties, and that the change between Democratic and Republican counties in a state is gradual rather than sudden. The second observation is that the differences between two counties is not random and does not vary greatly nor randomly between elections. If one knows the voting percentages of one county, it is possible to guess the voting percentages of the neighboring counties using historical data. In order to take advantage of these facts, we can model the counties as a Markov Random Field and find the most likely outcome for each county (maximum a posteriori inference).

Markov random fields

Definition

A Markov Random Field (or Markov network) is an undirected, probabilistic graphical model. It consists of a set of nodes connected by a set of edges, where each node takes exactly one state. The nodes in a Markov Random Field have the Markov property in the sense that their state depends only on the nodes they are connected to as well as their own built-in preferences. Each assignment of states over the network yields a level of energy, which is a measure of the probability of that assignment occurring given the model. The exact probability of a particular assignment is its energy divided by the sum of the energies of all possible assignments. In our research, we focus on pairwise Markov Random Fields, in which any potential function describing the energy attained from an assignment of nodes' states is a function over no more than 2 nodes. We note that any Markov Random Field can be converted to a pairwise Markov Random Field [link] .

Questions & Answers

it is the relatively stable flow of income
Chidubem Reply
what is circular flow of income
Divine Reply
branches of macroeconomics
SHEDRACK Reply
what is Flexible exchang rate?
poudel Reply
is gdp a reliable measurement of wealth
Atega Reply
introduction to econometrics
Husseini Reply
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hi
LEMLEM
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Sammol
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Mahesh
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Ruqayat
hi
Ruqayat
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hey
Sammol
hi
God
hello
Jahara
Good morning
Jorge
hi
abubakar
hi
Nmesoma
hi
Mahesh
Hi
Tom
Why is unemployment rate never zero at full employment?
Priyanka Reply
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
Rushawn Reply
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost 6% more than previous year? Provide with reasoning.
Geetha Reply
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
Alii Reply
what is the problem of macroeconomics
Yoal
Economic growth Stable prices and low unemployment
Ephraim
explain inflationcause and itis degre
Miresa Reply
what is inflation
Getu
increase in general price levels
WEETO
Good day How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200. Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
Chisomo Reply
how to calculate actual output?
Chisomo
how to calculate the equilibrium income
Beshir
Criteria for determining money supply
Thapase Reply
who we can define macroeconomics in one line
Muhammad
Aggregate demand
Mohammed
C=k100 +9y and i=k50.calculate the equilibrium level of output
Mercy Reply
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money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9 no Mpc is greater than 1 Y=100+.9Y+50 Y-.9Y=150 0.1Y/0.1=150/0.1 Y=1500
Kalombe
Mercy is it clear?😋
Kalombe
hi can someone help me on this question If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output? discuss your answer using appropriate graph.
Galge Reply
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
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Source:  OpenStax, The art of the pfug. OpenStax CNX. Jun 05, 2013 Download for free at http://cnx.org/content/col10523/1.34
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