501–510 of 581 posts
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No, facts like more than average are statistics. You seemingly misunderstood the term and then tried to derail an argument which I find hilarious.
The definition disagrees with you. Facts are just that - facts. The analysis of how you arrived at that fact is statistics. It requires numerical analysis. If you've ever taken a stats class you'd know an answer like "more than average" without any numerical work shown would be marked wrong. You'd also know that saying "more than average" provides no real information since it's a huge range. https://www.merriam-webst…
For more detail, I have taken statistics, even tutored PHD students.
Showing your work is required if the answer is 4.415 or more than average. A sample refers to a single element, statistic encompass a sample, a parameter covers to the full population.
You will often hear statistics communicated as something like “more than four times as likely” and assume it’s referring to 4 X.
I'm sad, but unsurprised to see Amazon Smile go. Retail isn't exactly high margin to begin with, and Amazon has made a specialty of squeezing what margin remained. As Jeff Bezos said, "Your margin is my opportunity." So, when Amazon announced Smile, I was very surprised that they weren't adding a surcharge for the donation, but rather where making the donation out of whatever margin they earned on the product. I gues…
Some retail isn't high margin, that's absolutely true. Some retail has a 75%+ markup as standard at the store. That's why they're able to regularly offer sales where they take 25%, 50%, even 75% off: it's not just to clear out unsold inventory; many retailers that do this are still making a profit at those prices. Amazon, being a "sell everything and more" retailer, certainly doesn't get to enjoy those high profit ma…
Some retail has a 75%+ markup as standard at the store. That's why
they're able to regularly offer sales where they take 25%, 50%,
even 75% off: it's not just to clear out unsold inventory; many
retailers that do this are still making a profit at those prices.
Similarly, clothing often has some ridiculous sticker price, because the entire point of the sticker price is to be marked down in one of the seemingly perpetual sales that retailers have. I remember that J.C. Penney, when they hired Apple head of retail Ron Johnson, tried to change this practice, by setting the list price of clothing closer to the price that they paid, eschewing having sales. It was a disaster [1]. Customers had become accustomed to seeing large markdowns, and when those markdowns weren't there, they waited (or shopped at other retailers which continued to offer markdowns).
Just because the sticker price has a 75% (or 2-300%, in the case of watches) markup doesn't mean the retailer actually expects to make that margin on anything except a small fraction of sales.
[1] https://www.forbes.com/sites/panosmourdoukoutas/2017/02/24/a...
I don't understand all the people "calling bullshit" on the reason Amazon provided. Of course Amazon's reason is bullshit. Amazon knows their reason is bullshit. Amazon knows that you know the reason is bullshit. It's called saving face.
This doesn't make bullshit any more tolerable. In fact, the blatantly obvious nature of it makes this bullshit more intolerable. It's an insult to the reader. It's an insult to truth. It degrades language by eroding the meaning of words. It harms trust and confidence. All bullshit should always be called out. It should be socially unacceptable to waste bytes and axons on bullshit.
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They don’t seem to be very concerned about injuries. One example that comes to mind is storing 40 lb bags of dog food such that people had to duck and lean over and drag them under a low shelf, that’s practically designed to cause back injuries and in fact caused multiple in a single warehouse.
> They don’t seem to be very concerned about injuries. One example that comes to mind is storing 40 lb bags of dog food such that people had to duck and lean over and drag them under a low shelf, that’s practically designed to cause back injuries and in fact caused multiple in a single warehouse. I used to work for Amazon a few years ago. I'm uncertain whether it was 12 pounds or 12 kg, but when a *tote weights more…
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Do high school kids need macbook airs?
I don't know if high school kids need macbook airs, but I also don't see how that answers the question of where "grade school" was in the original comment
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It’s hard to imagine the average small business successfully evading taxes as well as Amazon. In 2019 Amazon paid zero taxes receiving a net $129 million refund from the federal government, in 2018 they received a $137 million refund after paying 0$ on a net income of 11.2 billion dollars. In 2020 they paid a net tax of $162 million on $13.9 billion of pre-tax income a net tax rate of 1.2%.
"Tax evasion" is illegal and what the parent poster clearly meant by "taking cash". Companies (and individuals for that matter) take the entirely rational step to use all legal methods to pay as little tax as they can. Additionally, receiving a refund indicates that Amazon overpaid on their income taxes and that the government agreed. Also additionally, the figures you are throwing around are income taxes only. Amazo…
Also getting a refund does not imply you paid any income taxes can get refunded even if they send in 0$ money as was the case for Amazon in 2017, 2018, and 2019. The refund simply refers to getting money back.