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Zillow's iBuying failure says something about Zestimates. They were off. Way off. Zillow was digging a hole for itself, buying high and selling low.
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 [4] by co-executive chairmen Rich Barton [5] and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current ...
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For example, participants who received negative feedback on a laboratory task were more likely to attribute their task performance to external, rather than internal, factors. The self-serving bias seems to function as an ego-protection mechanism, helping people to better cope with personal failures.
This version of the theory, which is in line with social desirability bias, would predict that people attribute their successes to situational factors, for fear that others will disapprove of them looking overly vain if they should attribute successes to themselves. [42] For example, there is a hypothesis that coming to believe that "good ...
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The probability density function (PDF) for the Wilson score interval, plus PDF s at interval bounds. Tail areas are equal. Since the interval is derived by solving from the normal approximation to the binomial, the Wilson score interval ( , + ) has the property of being guaranteed to obtain the same result as the equivalent z-test or chi-squared test.
"I think secretaries of state and others really stepped up and voters really leaned in as well and responded beautifully and brilliantly by adapting the ways that they vote," said Minnesota ...