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How much does this cow weigh? (Classic)

Planet Money

CHAPTER

Guessing Penelope's Weight: Lessons in Collective Intelligence

This chapter recounts an adventurous attempt to replicate Galton's experiment by weighing a cow named Penelope at a county fair, engaging children in a guessing game about her weight. It reveals how individual guesses converged around a collective estimate that surprisingly came close to the actual weight, highlighting the power of crowd wisdom. The discussion also reflects on the dynamics of group intelligence and the varied experiences influencing personal judgments, underscoring the concept of 'wisdom of crowds.'

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