Many of you will be familiar with the "Wisdom of the Crowd" - a phenomenon where the average result of a large poll of people's estimates tends to be very accurate, even when most people make poor estimates. I've written a short poll to test a small variant of this setup which I would like to test.
Specifically, I want to see how the weighted average of the results performs when the question is posed as "is the value in question closer to A or B?" This change is inspired by your usual two-party election where people choose between two extreme values, when many voters have opinions in the middle of the two.
Thank you for helping!
I'm a little worried about anchoring in this survey. Suggestions for how to improve it would be appreciated.
There are some websites that operates on the assumption that this works on unsolved problems. You can ask questions of unknowns (eg: "how many copies will my book sell?") and maybe get some useful information. I can't recall the names though.
Many of you will be familiar with the "Wisdom of the Crowd" - a phenomenon where the average result of a large poll of people's estimates tends to be very accurate, even when most people make poor estimates. I've written a short poll to test a small variant of this setup which I would like to test.
Please fill out this short poll.
Specifically, I want to see how the weighted average of the results performs when the question is posed as "is the value in question closer to A or B?" This change is inspired by your usual two-party election where people choose between two extreme values, when many voters have opinions in the middle of the two.
Thank you for helping!
I'm a little worried about anchoring in this survey. Suggestions for how to improve it would be appreciated.