Is 548 trying to re-invent the EV?
Seriously, what's with the decimal procedure. Someone tell him its only winner take all. The proportional system ended with the primaries.
It's an average, hence the decimal points.
Poblano explains his procedure in much detail. Interesting reading. And some professional pollster are very much interested in and admirative of his methods.
Because it's an acknowledgment of uncertainty. The EV estimate is one of several metrics used to distill the results of his somewhat-complex simulation into more easily understood terms. TO be precise, I'm guessing that the EV numbers are chosen to minimize the average error between that estimate and his 10,000 daily virtual elections.