The Crosstab model provided an updated prediction of the election outcome. According to the model, Clinton will receive 52.2% of the two-party vote share in Colorado, while Trump will win 47.8%. In comparison, on October 31, Clinton was predicted to gain 52.7% of the vote.
Colorado is traditionally a battleground state, where the candidates of both major parties have often achieved similar voter support. This is the reason why the election outcome in that state is viewed as crucial in determining which party will win the majority of electoral votes.
Putting the results in context
As any other method, models are subject to bias. As a result, you should not be overly confident the results of an individual econometric model. Instead of trusting the results from single models, forecasting research recommends to look at combined models or, even better, a combined forecast that relies on forecasts from different methods, each of which draws upon different data.
Comparison to the combined PollyVote
The current PollyVote foresees Clinton to gain 54.5% of the two-party vote in Colorado. The results of the Crosstab model for Clinton are thus 2.3 percentage points below the combined PollyVote in Colorado.