January 2019 has been a month of considerable parliamentary drama in the UK as MPs wrestle over whether to approve the Withdrawal Agreement between the UK and the EU. There is no shortage of political punditry and quotes from politicians and the whole episode is proving to be a classic example of uncertainty. For statisticians like myself, uncertainty occurs when you cannot properly price the odds of an event happening unlike risk which occurs when you can price the odds. Since the current state of affairs will ultimately be determined by parliamentary votes one way or the other, is it possible to use parliamentary vote data so far to estimate the odds of certain scenarios?
[Read more…] about EU Referendum #3 – Find your way out of the Brexit maze in 57 days!
