"Evelyn C. Leeper" <eleeper@[EMAIL PROTECTED]
> writes:
> Our library has a continuing book sale, but certainly cannot put
> all the books out at once, so books that don't sell for a while get
> cycled into the back room and replaced with other books. This system
> does not work well with the idea of pricing by market value.
Based on this remark, I am now convinced that a bookseller operating in
the
manner I described would not necessarily have access to the books, even if
the sale is continuous and the book is not purchased by other patrons. I
think that adequately shoots down my theory without having to do any
computer simulations or field studies. The stochastic modelling problem
associated with my hypothesis about the bookseller's modus operandi is,
however, of independent interest as a mathematical problem, and I'll
keep thinking aobut it for its own sake. That won't be appropriate to
discuss here, so I'll pursue that on newsgroups devoted to statistics.
Anyway, I consider my original question to be completely answered. Thanks
for all the helpful input in this thread.
--
Ignorantly,
Allan Adler <ara@[EMAIL PROTECTED]
>
* Disclaimer: I am a guest and *not* a member of the MIT CSAIL. My actions
and
* comments do not reflect in any way on MIT. Also, I am nowhere near
Boston.
|
