Interesting Facts

In 1906, Sir Francis Galton came across a contest at a local fair, in which participants were required to guess the weight of an ox. After the competition was over, Galton brought the entry ballets back to his home and found that while no single guess was correct, the average of the entire lot of guesses was off by less than 1%. This phenomena is referred to as the “wisdom of the crowd”, accurate measurements and statistics not bestowed upon any one person, but across large swaths of groups of p...

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