PART 1 - TONS OF PUNKS, ONE BIG JERK CHAPTER 3: TOUCHGRASS Throwing Darts

"In an experiment with software professionals, human-judgment 90% effort prediction intervals achieved a mean hit rate of 68%, so 32% of actual outcomes fell outside the intervals."

The study found that prediction intervals stated at a 90% confidence level contained the actual effort only 68% of the time on average.

View Source