- Feb 22, 2020
- 3,097
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To establish the foundation for my argument, we need to travel back to the late 1800s where a Statistician by the name of Francis Galton asked roughly 800 attendees to guess the weight of an ox. When he counted up all the votes and established the median weight [ 1208 lbs] – he found that while there were predictions from all sides of the spectrum – the average of all of the votes were only 11 pounds off. In other words, the crowd was off by .01% in their collective estimations.
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