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> It just reduces the size of the crowd and shows a fundamental misunderstanding of statistics. Why do you assume that what's in the NPR article is all there i
by nzp 13y ago
> It just reduces the size of the crowd and shows a fundamental misunderstanding of statistics.
Why do you assume that what's in the NPR article is all there is to it, that there's no info, technical or other, left out?
Of course they thought of that, and checked. There's no regression to the mean, the elite group further improved, their estimates were 65 % better than the overall crowd.[0]
[0] http://www.economist.com/news/21589145-how-sort-best-rest-whos-good-forecasts http://www.economist.com/news/21589145-how-sort-best-rest-wh...
- logfromblammo 13y agoThat article is much more informative. Kudos to you, nzp.
- nzp 13y agoHeh, actually, kudos to joshuahedlund[0], I found it in his comment. [0] https://news.ycombinator.com/item?id=7515263 https://news.ycombinator.com/item?id=7515263