The 'wisdom of crowds' is the phenomenon in which the sum of projections of a group of people can be dramatically more expensive, from all or most personal predictions of a separate person. The specific quote from the documentary 'The Code' BBC, He explains this really amazing phenomenon.

3 Comments

1. bum says:

   28/10/2013 at 01:49

   wisdom of the crowd, Yes e? εμεις στο πολυτεχνειο we call it Στατιστικη …:p

   

   

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   • Slayer says:

     02/11/2013 at 23:20

     A. Yes? So why the chance to say I candies 500 is the same as the chance to tell you -500 ?

     

     

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2. dimitris81 says:

   25/10/2013 at 19:56

   Very nice experiment.

   

   

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