Predicting Presidential Elections and Other Things · Default Product

Stanford University Press · Books & Media

Predicting Presidential Elections and Other Things · Default Product

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What do the following events have in common? In 2000, the election between George W. Bush and Al Gore was a virtual tie. The 1989 and 1990 vintages have turned out to be two of the best ever for Bordeaux wines. In 2001, the Federal Reserve lowered the interest rate eleven times. The decade of the 1970s was one of the worst on record for U.S. inflation. In 2001, the author of this book, at age 59, ran a marathon in 3 hours and 30 minutes, but should have been able to do it in 3 hours and 15 minutes. This book shows clearly and simply how these diverse events can be explained by using the tools of the social sciences and statistics. It moves from a discussion of formulating theories about real world phenomena to lessons on how to analyze data, test theories, and make predictions. Through the use of a rich array of examples, the book demonstrates the power and range of social science and statistical methods. In addition to “big” topics—presidential elections, Federal Reserve behavior, and inflation—and “not quite so big” topics—wine quality—the book takes on questions of more direct, personal interest. Who of your friends is most likely to have an extramarital affair? How important is

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