Nate Silver and Big Data

There are a host of post-election stories on Nate Silver's success in using statistical analyses to predict the outcome of the election overall as well as the the outcome of voting on a state by state basis.  For example, in this article from InformationWeek, Eric Lundquist ruminates on how to apply Silver's success to business.

If you are interested in the nuts and bolts of how Silver uses data to make predictions, here are a few links from Silver's blog on the New York Times site.  One is an explanation of his methodology, the other a glossary of terms:

• http://fivethirtyeight.blogs.nytimes.com/methodology/
• http://fivethirtyeight.blogs.nytimes.com/glossary/

Or, you can go right to the source and read Silver's book The Signal and the Noise: