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Reply #8: Please read that Wiki that I had supplied! [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009)

pnorman

(1000+ posts) Send PM | Profile | Ignore

Tue May-13-08 03:36 AM
Response to Reply #4

8. Please read that Wiki that I had supplied!

"The book relates to diverse collections of independently-deciding individuals, rather than crowd psychology as traditionally understood. Its central thesis, that a diverse collection of independently-deciding individuals is likely to make certain types of decisions and predictions better than individuals or even experts, draws many parallels with statistical sampling, but there is little overt discussion of statistics in the book."

"diverse collections of independently-deciding individuals" is the key concept.

pnorman

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