At 02:20 PM 12/14/01 -0500, Wuensch, Karl L wrote: >I came across a table of costume jewelry at a department store with a sign >that said "150% off. " I asked them how much they would pay me to take it >all off of their hands. I had to explain to them what 150% meant, and >they then explained to me how percentages are computed in the retail >trade: Then we cut it in half again. Now we have cut it in half a third >time. 50% + 50% + 50% = 150% off.
well, if the item was originally $100 ... and you really like this item ... it still means it would be $12.50 ... sounds like a good deal to me!! they might be ILLITERATE statistically but, you still are making out like a bandit! this is sort of like some statistical TEXTbooks that no one really wants ... that end up in bargain shelves in some clearance kinds of bookstores _________________________________________________________ dennis roberts, educational psychology, penn state university 208 cedar, AC 8148632401, mailto:[EMAIL PROTECTED] http://roberts.ed.psu.edu/users/droberts/drober~1.htm ================================================================= Instructions for joining and leaving this list and remarks about the problem of INAPPROPRIATE MESSAGES are available at http://jse.stat.ncsu.edu/ =================================================================
