Wisdom of the Crowd
What is the Wisdom of the Crowd?
The “Wisdom of the Crowd” is a phenomenon where a group of people can collectively make surprisingly accurate judgments. Individually, people may be wrong, but together their answers can be very close to the truth. This effect appears in many real situations such as estimating quantities, predicting outcomes, and making forecasts. In this experiment, you will give your own independent estimate to a question. After many people participate, we will compare the group result to the real answer.
How many tons(metric) is this elephant?
The “Wisdom of the Crowd” is a phenomenon where a group of people can collectively make surprisingly accurate judgments. Individually, people may be wrong, but together their answers can be very close to the truth. This effect appears in many real situations such as estimating quantities, predicting outcomes, and making forecasts. In this experiment, you will give your own independent estimate to a question. After many people participate, we will compare the group result to the real answer.
How many tons(metric) is this elephant?