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<p>[QUOTE="Seattlite86, post: 3550023, member: 59737"]Now, there was a claim made that those who voice concern about rounding benefiting the seller "don't understand mathematics", and to argue against rounding in any way is in itself arguing against mathematics. As such, I’d like to break down the rounding in simple numbers to help explain a reasonable, mathematics-based concern for administering the rounding system. My argument: would be very easy to manipulate the system by changing all store item prices to certain numbers.</p><p><br /></p><p><br /></p><p>Here is the rounding data by 1, 2, 3, 4, 6, 7, 8, and 9 intervals. 5 is obviously not used, as no rounding is needed.</p><p><br /></p><p>1,2,3,4,5,6,7,8,9,10</p><p><br /></p><p>Results: 4/10 round up, 4/10 round down, 2/10 stay even. Favors buyer on the first 3 purchases, but evens out on the 4th purchase. Buyer is NEVER in the negative when increments of 1 are used.</p><p><br /></p><p>2,4,6,8,10</p><p><br /></p><p>Results: 2/5 round up, 2/5 round down, 1/5 stay even. Favors buyer on up to 3 item purchases, but evens out on the 4th purchase. Buyer is NEVER in the negative when increments of two are used.</p><p><br /></p><p>3,6,9,12,15</p><p><br /></p><p>Results: 2/5 round up, 2/5 round down, 1/5 stay even. Favors buyer on up to three item purchases, but evens out on the 4th purchase. Buyer is NEVER in the negative when increments of 3 are used.</p><p><br /></p><p>4,8,12,16,20</p><p><br /></p><p>Results: 2/5 round up, 2/5 round down, 1/5 stay even. Favors seller on single item purchases up to 3 item purchases, but evens out after the 4th purchase. Seller is NEVER in the negative when increments of 4 are used.</p><p><br /></p><p>6,12,18,24,30</p><p><br /></p><p>Results: 2/5 round up, 2/5 round down, 1/5 stay even. Favors buyer on up to 3 purchases, but evens out on the 4th purchase. Buyer is NEVER in the negative when increments of 6 are used.</p><p><br /></p><p>7,14,21,28,35,42,49,56,63,70</p><p><br /></p><p>Results: 4/10 round up, 4/10 round down, 2/10 stay even. Favors buyer on up to 3 purchases but evens out on the 4th purchase. Buyer is NEVER in the negative when increments of 7 are used. As long as the buyer purchases 8 items or less, the buyer comes out on top.</p><p><br /></p><p>8,16,24,32,40</p><p><br /></p><p>Results: 2/5 round up, 2/5 round down, 1/5 stay even. Favors seller on up to 3 purchases, but evens out on the 4th purchase. Seller is NEVER in the negative when increments of 8 are used.</p><p><br /></p><p>9,18,27,36,45,54,63,72,81,90</p><p><br /></p><p>Results: 4/10 round up, 4/10 round down, 2/10 stay even. Favors seller on up to 3 purchases, but evens out on the 4th purchase. Seller is NEVER in the negative when increments of 9 are used. Also, any time a buyer purchases 8 items or less, the seller makes a little money.</p><p><br /></p><p><br /></p><p>Also, when credit cards are used, no rounding is performed, and the seller receives the money each time and there is no benefit to the buyer.</p><p><br /></p><p><br /></p><p>What does this teach us class? Buyers benefit from rounding any time the items end in a 1, 2, 3, 6 or 7. If a seller wanted to take advantage of the system, all they would have to do is price all items at ending in 4, 8, or 9 cents. We see this very same thing at the gas station, where gas is 3.2199 and it gets rounded up in favor of the seller every time. Gas stations already use rounding. Assuming a gas station would make only 1 cent a day rounding, at approximately 168,000 gas stations in the US (<a href="https://www.fueleconomy.gov/feg/quizzes/answerQuiz16.shtml" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.fueleconomy.gov/feg/quizzes/answerQuiz16.shtml" rel="nofollow">https://www.fueleconomy.gov/feg/quizzes/answerQuiz16.shtml</a>) that means that gas stations earn approximately $1,680 extra dollars per day from consumers by rounding up, or $611,520 per year. Sure, it's only a fraction of a cent from each consumer, but they add up.</p><p><br /></p><p><br /></p><p><br /></p><p>[USER=112]@GDJMSP[/USER] I'm still waiting on your scientific data to support your outlandish claim, but in the meantime, perhaps you can try to show me where I've erred in my calculations and the conclusion I drew. If you're unable to do that, then perhaps you can at least admit that there are people skeptical of the rounding system and human greed who do understand mathematics. I dare even ask you to admit that the rounding system could be manipulated.[/QUOTE]</p><p><br /></p>
[QUOTE="Seattlite86, post: 3550023, member: 59737"]Now, there was a claim made that those who voice concern about rounding benefiting the seller "don't understand mathematics", and to argue against rounding in any way is in itself arguing against mathematics. As such, I’d like to break down the rounding in simple numbers to help explain a reasonable, mathematics-based concern for administering the rounding system. My argument: would be very easy to manipulate the system by changing all store item prices to certain numbers. Here is the rounding data by 1, 2, 3, 4, 6, 7, 8, and 9 intervals. 5 is obviously not used, as no rounding is needed. 1,2,3,4,5,6,7,8,9,10 Results: 4/10 round up, 4/10 round down, 2/10 stay even. Favors buyer on the first 3 purchases, but evens out on the 4th purchase. Buyer is NEVER in the negative when increments of 1 are used. 2,4,6,8,10 Results: 2/5 round up, 2/5 round down, 1/5 stay even. Favors buyer on up to 3 item purchases, but evens out on the 4th purchase. Buyer is NEVER in the negative when increments of two are used. 3,6,9,12,15 Results: 2/5 round up, 2/5 round down, 1/5 stay even. Favors buyer on up to three item purchases, but evens out on the 4th purchase. Buyer is NEVER in the negative when increments of 3 are used. 4,8,12,16,20 Results: 2/5 round up, 2/5 round down, 1/5 stay even. Favors seller on single item purchases up to 3 item purchases, but evens out after the 4th purchase. Seller is NEVER in the negative when increments of 4 are used. 6,12,18,24,30 Results: 2/5 round up, 2/5 round down, 1/5 stay even. Favors buyer on up to 3 purchases, but evens out on the 4th purchase. Buyer is NEVER in the negative when increments of 6 are used. 7,14,21,28,35,42,49,56,63,70 Results: 4/10 round up, 4/10 round down, 2/10 stay even. Favors buyer on up to 3 purchases but evens out on the 4th purchase. Buyer is NEVER in the negative when increments of 7 are used. As long as the buyer purchases 8 items or less, the buyer comes out on top. 8,16,24,32,40 Results: 2/5 round up, 2/5 round down, 1/5 stay even. Favors seller on up to 3 purchases, but evens out on the 4th purchase. Seller is NEVER in the negative when increments of 8 are used. 9,18,27,36,45,54,63,72,81,90 Results: 4/10 round up, 4/10 round down, 2/10 stay even. Favors seller on up to 3 purchases, but evens out on the 4th purchase. Seller is NEVER in the negative when increments of 9 are used. Also, any time a buyer purchases 8 items or less, the seller makes a little money. Also, when credit cards are used, no rounding is performed, and the seller receives the money each time and there is no benefit to the buyer. What does this teach us class? Buyers benefit from rounding any time the items end in a 1, 2, 3, 6 or 7. If a seller wanted to take advantage of the system, all they would have to do is price all items at ending in 4, 8, or 9 cents. We see this very same thing at the gas station, where gas is 3.2199 and it gets rounded up in favor of the seller every time. Gas stations already use rounding. Assuming a gas station would make only 1 cent a day rounding, at approximately 168,000 gas stations in the US ([url]https://www.fueleconomy.gov/feg/quizzes/answerQuiz16.shtml[/url]) that means that gas stations earn approximately $1,680 extra dollars per day from consumers by rounding up, or $611,520 per year. Sure, it's only a fraction of a cent from each consumer, but they add up. [USER=112]@GDJMSP[/USER] I'm still waiting on your scientific data to support your outlandish claim, but in the meantime, perhaps you can try to show me where I've erred in my calculations and the conclusion I drew. If you're unable to do that, then perhaps you can at least admit that there are people skeptical of the rounding system and human greed who do understand mathematics. I dare even ask you to admit that the rounding system could be manipulated.[/QUOTE]
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