alt Hacker NewsYeah - I kept looking for the meat of the argument. The graph of random data looks a little correlated and I’d love to know why.
That being said I loved the mercury/Glasgow explanation. Anecdotally I see that all the time.
Yeah - I kept looking for the meat of the argument. The graph of random data looks a little correlated and I’d love to know why.
That being said I loved the mercury/Glasgow explanation. Anecdotally I see that all the time.
The graph of random data looks like that since its capped. The first place person cannot overestimate his position, and the bottom place person cannot underestimate his position. So any randomness at all will replicate the effect unless there is much more overconfidence in the high achievers than low achievers.