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Wisdom of the Multitude

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:expense"<ref>Politics III, 11, 1281a41–1281b2 (1998): 83</ref>.
The notion of the wisdom of the multitude was lost, and then redescoverd by [http://en.wikipedia.org/wiki/Francis_Galton Francis Galton]<ref>[http://galton.org/essays/1900-1911/galton-1907-vox-populi.pdf?page=7 Galton, F. (1907). Vox Populi. Nature, 75(1949), 450–451. doi:10.1038/075450a0]</ref>. Galton accidently discovered this property, when he participated in a fair, in which the crowed was asked to estimate the wight of an ox. About 800 tickets were issued and after the end of the game, Galton had taken these tickets, and caculated the mean of the estimations. he found out the the mean of all estimations was very close to the real wight of the ox. The ox wighted 1207 lb (547.48 kg), where as the mean was 1198 lbs (543.40kg).