{"id":13946,"date":"2022-02-05T21:55:29","date_gmt":"2022-02-05T21:55:29","guid":{"rendered":"https:\/\/www.bothersbar.co.uk\/?p=13946"},"modified":"2022-02-05T21:57:23","modified_gmt":"2022-02-05T21:57:23","slug":"wisdom-of-crowds-redux","status":"publish","type":"post","link":"https:\/\/www.bothersbar.co.uk\/?p=13946","title":{"rendered":"Wisdom of Crowds redux"},"content":{"rendered":"\n
\"\"<\/figure><\/div>\n\n\n\n

Limitless Win<\/strong> has just finished, it’s time to announce who won the incredible \u00a37.99 cash prize for being closest to the mean average win of all the teams who took part in S1 of Limitless Win<\/strong>, and looking at my spreadsheet<\/a> I can see that the winner with a guess of \u00a3112,097<\/em> compared to the ACTUAL average of \u00a3110,625<\/em> is German TV’s very own Nico W! Well done Nico.<\/p>\n\n\n\n

Let’s see how you did – bear in mind your guesses were taken before the show had started filming and with only a basic idea of what the show was (and with no indication as to how the ladder worked):<\/p>\n\n\n\n

RANGE: \u00a38,560 \u2013 \u00a3487,500
Mean Avg Guess: \u00a3104,695.53
Median Guess: \u00a369,500<\/p>\n\n\n\n

Your mean guess was actually very good – Just six grand off the actual figure, despte a range that spanned almost half a million quid. Your median guess was well under though.<\/p>\n\n\n\n

But it’s a show called Limitless Win<\/em> and this comes with expectations – as a tie breaker we asked what the highest amount “in play” would be – again you had to guess without knowing the make up of the ladder:<\/p>\n\n\n\n

RANGE: \u00a345,000 \u2013 \u00a38,500,000
Mean Avg Guess: \u00a31,620,459.20
Median Guess: \u00a31,125,000<\/p>\n\n\n\n

The range much more wide-ranging here, as it is your mean guess was well over the actual answer of \u00a31,000,000 which I think is fair expectation given the way the show is pitched. However your median guess was extremely good considering.<\/p>\n\n\n\n

Maybe we’ll do this again next year! Or maybe we won’t.<\/p>\n","protected":false},"excerpt":{"rendered":"

Limitless Win has just finished, it’s time to announce who won the incredible \u00a37.99 cash prize for being closest to the mean average win of all the teams who took part in S1 of Limitless Win, and looking at my spreadsheet I can see that the winner with a guess of \u00a3112,097 compared to the\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-13946","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pLcmt-3CW","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.bothersbar.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/13946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bothersbar.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bothersbar.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bothersbar.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bothersbar.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13946"}],"version-history":[{"count":0,"href":"https:\/\/www.bothersbar.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/13946\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bothersbar.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bothersbar.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bothersbar.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}