The robustness of midrange value

How the Average Triumphed Over the Median

In 1906, the great scientist and notorious eugenicist, Francis Galton, attended the annual West of England Fat Stock and Poultry Exhibition and conducted an impromptu experiment. As the author James Surowiecki recounts in his book, The Wisdom of Crowds, while exploring the fair, Galton stumbled upon a weight judging competition. People were asked to guess the weight of an ox after it was “slaughtered and dressed.” A prize would be awarded to those who made the best guess. Galton was an avowed believer in the stupidity of the masses. Only experts, he thought, could make accurate assessments. Many of the 787 guessers were non-experts. ….[READ]


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