Silver makes sure to hedge every statement carefully so that he can never actually be wrong. And when things don’t go his way, he lectures the public on their ignorance of statistics. After all, probability isn’t certainty, he didn’t say it would definitely happen. And of course, that’s completely true. But recognize what it means: even when Silver isn’t wrong, because he’s hedged everything carefully, he’s still not offering any information of value. Sophisticated mathematical modeling, just like punditry, can’t tell us much about the things we most need to know. It can’t predict the unpredictable, and the unpredictable is what matters most of all.
Read the whole thing at the link below. It’s amazing.