I'm curious about the reliability of survey forecasts when it comes to predicting
market trends. How accurate are they really in providing insights into future market movements?
6 answers
emma_lewis_pilot
Mon Dec 02 2024
Researchers conducted a study to analyze the accuracy of forecasters' predictions.
BlockchainBaronGuard
Mon Dec 02 2024
The study suggests that forecasters may overestimate their abilities, leading to misleading predictions.
Stefano
Mon Dec 02 2024
According to the study, forecasters claimed to have 53% confidence in their forecasts.
DondaejiDelightful
Mon Dec 02 2024
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GinsengBoostPower
Mon Dec 02 2024
Despite their high confidence, the researchers discovered that the forecasters were only correct 23% of the time.