(Total Views: 317)
Posted On: 12/10/2018 5:34:43 PM
Post# of 32990
This might or might not be relevant for some people pondering stock value after an RS. Funny story about a McDonald's competitor selling a bigger hamburger to rival the McDonald's Quarter Pounder . That move failed apparently because too many Americans have trouble with math.
Quote:https://www.nytimes.com/2014/07/27/magazine/w...-math.html
Misunderstanding the value of one-third, customers believed they were being overcharged. Why, they asked the researchers, should they pay the same amount for a third of a pound of meat as they did for a quarter-pound of meat at McDonald’s. The “4” in “¼,” larger than the “3” in “⅓,” led them astray.
(3)
(0)
