[Your Nightmare]

You need to straighten out your example as well as your single-minded definition of the word "average". It has a number of meanings.

Only pigdog....

[Mojave]

If 30% can equal 23%, "average" can mean whatever they want it to.

[lewislynn]

You need to straighten out your example as well as your single-minded definition of the word "average". It has a number of meanings.

Only pigdog....

And Principled:

"Do you know what average means?
Do you know what selling price means?

The math is simple - if you say 9% can come off prices at retail in a 5 stage pricess, the average is trivial (although I'm certain you can't find it without help).

I'll help you - It's appx 1.87%. That reduction amount, over 5 stages, will yield a 9% reduction at retail.

1,347 posted on 06/05/2006 9:28:15 AM PDT by Principled

Actually the other wrong answer would be 1.8

principled"Actually it's pretty easy to get the average. Using only publicly available information on this thread and an approximate number of stages an average is trivial.

For example, using Rob's 9% number and 3 stages, the average price reduction would be appx 3.1% (or 3.09478917 if you want closer)".

Closer would be better than totally wrong at every angle.

What you don't seem to understand YN is that as trivial as all this "average" stuff is it's also very complicated arithmetic....for some.

These are the clowns calling me math challenged...Bwahahahahaha!!!