Reference: "Brain Wave Diary" 

The wisdom of many.

Jack Treynor, a former editor of the Financial Analysts Journal, had the habit of passing a jar of beans during his lectures and asking his students to guess how many beans. The guesses varied widely but the average of the guesses was always within 3% of the correct number.

 Replication of this result is often achieved by others attempting similar exercises.

More than a century ago, Sir Francis Galton, a pioneer of statistics, attended a fair in England. More than 800 guessed at the weight of a bull. The total sum of the weight guesses divided by the number of guessers – gave the exact weight to the very pound.

If you were to take 100 Internet web tracking agencies and ask each to provide the number of web sites on the Internet, total them and divide the result, first by 100, then by 2, that would be the number of this site.

Right in the middle of the World Wide Web. I kid you not!

"Whatever you pursue gains credibility... even undeserving things."