What will be the correlated error of the following battleground states for the 2024 United States Presidential Election?
What will be the correlated error of the following battleground states for the 2024 United States Presidential Election?
1
2kṀ5
resolved Nov 13
Resolved
72%
North Carolina and Georgia
Resolved
N/A
Arizona and Nevada
Resolved
N/A
Arizona and Wisconsin
Resolved
N/A
Arizona and Michigan
Resolved
N/A
Arizona and Pennsylvania
Resolved
N/A
Arizona and North Carolina
Resolved
N/A
Arizona and Georgia
Resolved
N/A
Nevada and Wisconsin
Resolved
N/A
Nevada and Michigan
Resolved
N/A
Nevada and Pennsylvania
Resolved
N/A
Nevada and North Carolina
Resolved
N/A
Nevada and Georgia
Resolved
N/A
Wisconsin and Michigan
Resolved
N/A
Wisconsin and Pennsylvania
Resolved
N/A
Wisconsin and North Carolina
Resolved
N/A
Wisconsin and Georgia
Resolved
N/A
Michigan and Pennsylvania
Resolved
N/A
Michigan and North Carolina
Resolved
N/A
Michigan and Georgia
Resolved
N/A
Pennsylvania and North Carolina

This will use the final polling average from RealClearPolitics for battleground states and compare them to the actual Democratic vs Republican spread when the voting totals are finalized.

Resolution will be a percentage based on the following formula using the Republican vs Democratic spread:

50% + (smaller error/higher error) * 50%

  • 100% represents a perfectly positively correlated error (both were +3 points favorable to the Democratic candidate vs results)

  • 0% represents a perfectly negative correlated error (one was +3 favorable to Dem, one was +3 favorable to Rep)

  • 50% represents no correlated error (0 points favorable to Dem, +3 favorable to Dem)

  • In between will represent the correlation strength based on the higher error compared to the lower error

    • +3 favorable to Dem and +1.5 favorable to Dem would be 50% + (1.5/3) * 50% = 75%

    • +3 favorable to Dem and +1.5 favorable to Rep (-1.5 favorable to Dem) would be 50% + (-1.5/3) * 50% = 25%

The goal of this market is for traders to anticipate and model potential demographic overlap and provide a market idea of which states should vary together.

If Battleground states are added later (or are consistently aggregated in a similar way by RCP) I might add them. If Battleground states drop off (or see a significant reduction in polling) then I reserve the right to N/A all correlations for a state, although ideally I would find a different source for polling aggregation before that.

For pure Yes/No same party winners of states, I've also created this market:

/StopPunting/which-states-will-vote-for-the-same

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7mo

NC vs Georgia:
.5 + (.9/2.1)*.5 = .721

7mo

Lotta mana to be made here!

reposted 10mo

Finally, a useful market!

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