The summary: the crowd was wrong on the winner, against the spread, and on the over/under. (If I were to draw a silver lining, I’d say, “Hey, the crowd was one point off of New England’s actual total!)
This is a concern since we’d like the crowd to be right all the time, but there are two key components to consider:
- Our crowd prediction for this first game was small.
- Last year, the crowd did very well when the number of predictions was (believe it or not) 8 or greater.
So, the long and the short of it is that the more people we have making predictions, the better our results will likely be.
So please tell your friends! Thanks!
2 replies on “2017 Week 1, Game 1 – A Brief Study”
[…] as I mentioned in an earlier post, the wisdom of the crowd is measured over time, so we’re not panicking yet. (As my favorite […]
[…] follow-up from the KC-New England game last week that I thought was worth mentioning was about decentralization and independence. I browsed the […]