We all know about our Pollytrend chart – where we build a rolling average of the most recent poll from each pollster weighted by sample size, then run an aggressive locally weighted polynomial regression through the results to give us an adaptive trend line. While Pollytrend is good for picking up medium term shifts in voter sentiment, some of us question it’s accuracy when it comes to it’s actual level at any given point in time. As the two pollsters with the largest sample sizes (Essential and Morgan Face to Face) have a slight relative lean to the ALP in the vote estimates compared to the phone pollsters, it forces the entire Pollytrend line to have a relative lean as well.
Today we’ll solve that concern by introducing a new addition to our Pollytrend – the Phone Trend. The phone trend line is calculated a little differently to our all pollster Pollytrend line.
First and most obvious, it uses only phone pollster data.
Secondly, only the most recent two polls of each phone pollster get entered into the initial calculations. We use the most recent two polls because any given pollster’s “poll before last” still contains valuable information about the state of public opinion today, but the information is just not as valuable as their most recent poll. In order to differentiate between “best” information (the most recent poll) and “second best information” (the poll before last) from any pollster – we simply take a rolling all phone pollster average of the two most recent polls from each phone pollster, but weight all results by time – so the further back in the past a poll was taken, the less weight that particular poll carries when we calculate the weighted average. For example, a poll taken 60 days ago will only have one tenth of the weight of a poll taken today.
Thirdly, every time a phone poll is released we calculate our new weighted average to build ourselves a time series.
Finally, as we do with the all pollster Pollytrend, we then run a Read More
