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I appreciate the response, I've got a few remaining questions that perhaps you can shed some light on: - Is that only for the average or also for the median?
by KerryJones 6y ago
I appreciate the response, I've got a few remaining questions that perhaps you can shed some light on:
- Is that only for the average or also for the median?
- Is the data published anywhere (would love to see distribution curve)?
- Are the calculations assuming someone is saving every week? Or has it also been tested monthly / bi-monthly?
- When someone gets a "windfall", do they keep it in their account or do they withdraw it? (i.e. no longer savings but spent in some sort of celebration)
- Is this using an actual random number generator in which case there will be long-tails of people winning much more as well as losing much more? Or is there some sort of engine that ensures everyone gets something?
- adammoelis 6y ago- This is the average. Going along with your second question you can get a sense of the distribution by looking at the payouts and probabilities in the official rules (https://www.withyotta.com/official-rules https://www.withyotta.com/official-rules) - It's purely probabilistic so it doesn't need to be tested. It's just random number math. - Wins are deposited into your Yotta account and are immediately available to withdraw if you'd like - It's an actual random number generator