Friday, 27 May 2016

The media's poll hysteria just keeps getting worse

So what did the shock poll result actually show? Labor in front 52 to 48.
And what's the normal error in polls this far from election day. Around 3.5 to 4 percentage points. (See When Should You Start Worrying About the Polls?)
So the exclusive result is Labor probably somewhere between 48 and 56.
The betting market, meanwhile, has the Coalition at $1.33 and Labor at $3.70
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