
3 segments available
88 years ago, a leading national magazine committed a major statistical blunder that ultimately caused it to go bankrupt. Since we're in the full swing of election season, here's a cautionary note on the power of sample bias... The year is 1936. FDR is up for reelection, and the Literary Digest had sent out 10 million "straw" ballots polling people on their choice for president. They received back 2.4 million ballots. The Digest predicted that Alf Landon would beat Franklin Delanor Roosevelt 57% to 43%. But a rising challenger emerged — the man who'd later be called the 'Babe Ruth of the polling profession'. George Gallup, founder of the Gallup poll, brashly announced that the Digest would be wrong. He was convinced that these millions of Digest postcards were mailed on the basis of telephone and auto registration lists and took no account of the low-income voters who were backing the New Deal. So Gallup polled a few thousand, albeit random, people and used their data to predict FDR's victory. And guess what, FDR won by a landslide: 62% to 37%. Our guest Ben Orlin recounts this story, and one thing is clear: Sample bias is a killer. Watch the full episode here: https://www.youtube.com/watch?v=o4GgOBeXISk
In this segment, we explore the foundational concept of random sampling in statistics. The speaker emphasizes that while random error can be managed, a biased sample can lead to disastrous outcomes. This sets the stage for understanding the historical context of polling in the 1936 election.
"ask any statistician statistics is all about handling the random error in sampling we've got great ways of putting constraints on that and knowing how much error might arise but if your sample's biase..."
This segment recounts the pivotal moment in the 1936 election when the Literary Digest predicted Alf Landon would defeat FDR based on a biased sample of their readership. In contrast, George Gallup utilized a small, random sample to accurately predict FDR's landslide victory, highlighting the critical difference between biased and random sampling.
"famous story of the beginning of gall polling I think this was the 1936 election when FDR was up for re-election and Readers Digest had a huge circulation and they pulled their readership and on the b..."
The speaker discusses common misconceptions among students regarding sample bias. Many learners focus on random error while neglecting the significance of bias in sampling. This segment underscores the necessity of recognizing and addressing sample bias to ensure accurate statistical conclusions.
"difference between a huge huge bias sample which doesn't really tell you that much and a small random sample which does for students I find from people learning and approaching samples from the outsid..."