I don’t know why you don’t go to Joe’s.
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My Subway flier had two coupons for 5.99 footlongs and one coupon for 12.99 gets two footlongs.
There was a coupon for 3 for 17.99.
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Not exactly sure how this might be innumeracy without insights on the cost(s) of a footlong for which the coupons may be applied.
For example, if the highest cost of a sub is $4, then I agree that these coupons would fall into this category. However, if that cost is $6 . . . then only the 2-fer and 3-fer coupons would be innumeracy.
However, if the cost is $7; then these coupons are just varying levels of discounts where the 2-fer might fail the “marginal costs” expectations. But if my need is for 2 subs; I’ll take saving a $1 total over paying full price–but more likely than not; a person in this situation is far more likely to justify buying that third sandwich.
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Another possibility: if the coupons are good for say a month, someone might use the “2 for” coupon after using the two single coupons.
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Now I want Subway for lunch…
V_A has a point I agree with.
If the store is selling sandwiches for $6 each or 2 for $13, THAT is innumeracy.
Publishing 2 coupons of different inherent values is not.
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Can someone help me out here? How does a $60 a share offer on a stock trading at 42.12, increase the value of the company 5 times? The lowest it has traded in the last month is about 35.
Franchise Group has proposed to buy Kohl’s for $60 a share. Kohl’s stock closed at $42.12 on Monday and rose 10% during early trading Tuesday on the news.
The deal would value Kohl’s at around $8 billion, The Wall Street Journal reported, about 5 times more than it was worth last week.
Yeah, I’m not sure how they came up with “about 5 times”.
They reference the wsj article, which only gives the “$8 billion” number.
Your Personal Newspaper (fivefilters.org) ← clicky clicky for wsj
According to the yahoo, there are 128.5M shares.
On Monday, it was valued about $5.4B…the Tuesday bump would put it about $6.0B.
The $60/sh values it at $7.7B.
If they get the $70/sh that they think they’re worth it’s $9.0B.
That’s all I got.
@1695814
Actually, I think they were mixing the 1.5B market cap for Franchise Group with the 8B for Kohls. Thanks for pointing out the WSJ article.
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In a meeting just now we had to stop and convince a [non-actuary] leader with a spreadsheet that a simultaneous 10% increase in property and 10% increase in liability is not a 20% increase.
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But . . . but . . . ten plus ten!!
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In my pre-actuarial days I had a hell of a time because the leader of the “strategy” team couldn’t understand the difference between a weighted average and a simple average. He was convinced that he should be able to just straight average the percentages of my report and that was the total’s average and that my total was wrong.
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Help me out here…I know that “V” used to be used in place of “U”…I’m not sure how “fourth” was spelled back in those times, though.
…kind of like we don’t use that long s (aka medial s) anymore either.
I’m confused as to how there’s innumeracy or what #’s question is.
To my knowledge fourth has always been spelled F-O-U-R-T-H, but in olden times capital “u” was written as “V”. (This article has more on why.)
Thus, there is no innumeracy and no misspelling that I can see in the photo. But I might be missing something.
Maybe using a 5 in the word 4th?
My question was how there’s innumeracy 
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IVth Street?
