# [e-gold-list] Re: the STATS CONTEST!!! (2 grams now!)

```This can't be right but ... using all the VERY spotty data I have
Total Days     USD
0                      878,826
12                  1,406,435
20                  1,505,357
26                  2,579,490
34                  1,074,743
67                  1,375,354

200,000 x 66,000 = 1.3e10

A simple linear regression results in y=ax+b
y=3396x + 1380028
((1.3e10 - 1380028)/3396)/365 = 10,000 years

But maybe the contracts are double counted (a trade has a buyer and seller so
that volume might = 2?) so maybe 5,000 years

Answer, using my simple 6 points of data, a really long time because this set
of data has a pretty flat slope. If you  only use the first 4 rows of data,
e-gold could rival CD in 300-600 years :)

Right now daily e-gold turnover is 0.01% (one one hundredth of a percent) of
Canadian dollar turnover. That's pretty good considering.

Thanks, Jeff

[EMAIL PROTECTED] wrote:

> Well, we have ONE answer in for the stats contest!  Not the longest
> answer, but that will win it if it's the only one!
>
> >Hello
> >
> >
> >Answer to your contest question - Some time between 8 and 9 months
> >from now.  -Barb
>
> >jic>         "When will the daily transaction volume
> >jic>         of e-gold first begin to rival the daily
> >jic>         transaction volume of one of the smaller
> >jic>         national currencies?"
>
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