Which of the following BEST describes the condition(s) essential to the 'wisdom of crowds' effect?
A)diversity of opinion
B)independence of thought
C)confidence
D)diversity of opinion and independence of thought

Question

Quizplus · Accepted Answer

The 'wisdom of crowds' effect is most effective when there is a diversity of opinions and independence of thought among individuals. This means that the individuals in the crowd should be able to make their own judgments without being influenced by other people's opinions, and they should bring different perspectives to the table. Confidence may play a role in the effect, but it is not as essential as diversity of opinion and independence of thought.

Which of the Following BEST Describes the Condition(s) Essential to the 'Wisdom