LogFAQs > #927177024

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Topic	Found Out the Other Day
Sahuagin 09/08/19 11:45:33 PM #37:	zebatov posted... If thats an average, then $0.28 x 37.6M people = $10,276,000 per month to businesses. it "should" average out to zero, almost. but it should actually depend on the specific prices. a business can strategically choose prices that will end up rounding up in their favor, for example. given perfectly random prices, it would average to zero, but given a store's particular set of non-random prices (as well as other things like discounts and quantities), it may tend to round up more or down more. --- *The truth basks in scrutiny.* https://imgur.com/GMouTGs http://projecteuler.net/profile/Sahuagin.png <cite>Sahuagin posted [p:927177024] in Found Out ... [t:77994917]...</cite> <quote>zebatov posted...</cite> <quote>If thats an average, then $0.28 x 37.6M people = $10,276,000 per month to businesses.</quote> it "should" average out to zero, almost. but it should actually depend on the specific prices. a business can strategically choose prices that will end up rounding up in their favor, for example. given perfectly random prices, it would average to zero, but given a store's particular set of non-random prices (as well as other things like discounts and quantities), it may tend to round up more or down more. --- The truth basks in scrutiny. https://imgur.com/GMouTGs http://projecteuler.net/profile/Sahuagin.png</quote> ... Copied to Clipboard!
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