The Wisdom of (Small) Crowds?

Dec 28, 2009 19:23

With wisdom assured by Prock's insistence on significance and therefore insignificance, the poll to predict next month's unemployment number now has a weighted average of

9.97%

The Intrade contract on unemployment > 10.0% is at 65% / 51%, so they are marginally expecting unemployment to rise from 10.0%.

unemployment, poll, intrade, recession, economics

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