Comments on: Somewhere in Texas… http://luminouslogic.com/somewhere-in-texas.htm Stock-picking is an art. I have sympathy for all who attempt it. Thu, 24 May 2012 06:06:43 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Lumilog http://luminouslogic.com/somewhere-in-texas.htm/comment-page-1#comment-1014 Lumilog Wed, 23 Apr 2008 19:20:51 +0000 http://luminouslogic.com/somewhere-in-texas.htm#comment-1014 I stand corrected. :( Happy studying back atcha... :) I stand corrected. :( Happy studying back atcha… :)

]]> By: Anonymous http://luminouslogic.com/somewhere-in-texas.htm/comment-page-1#comment-1013 Anonymous Wed, 23 Apr 2008 18:25:23 +0000 http://luminouslogic.com/somewhere-in-texas.htm#comment-1013 Average Price Paid = (Fine Amount) x (Probability of Fine) Please note: EXPECTED Price Paid = Sum[(Fine Amount) x (Probability of Fine)] Average Price Paid = Sum(Fine Amounts) / N With 45 days left until the exam, lets mind our semantics. Happy studying. Average Price Paid = (Fine Amount) x (Probability of Fine)

Please note: EXPECTED Price Paid = Sum[(Fine Amount) x (Probability of Fine)]

Average Price Paid = Sum(Fine Amounts) / N

With 45 days left until the exam, lets mind our semantics. Happy studying.

]]> By: Lumilog http://luminouslogic.com/somewhere-in-texas.htm/comment-page-1#comment-986 Lumilog Tue, 01 Apr 2008 11:33:52 +0000 http://luminouslogic.com/somewhere-in-texas.htm#comment-986 Thanks for writing Toby. Yes tongue definitely in cheek. ;) I was a bit amazed that while they <i>do</i> bring up other points (like, do the cameras end up causing more accidents?) the decision seemed overwhelmingly based on revenue and there was no attempt to hide this! At least there's transparency... -Lumilog Thanks for writing Toby. Yes tongue definitely in cheek. ;)

I was a bit amazed that while they do bring up other points (like, do the cameras end up causing more accidents?) the decision seemed overwhelmingly based on revenue and there was no attempt to hide this! At least there’s transparency…

-Lumilog

]]> By: Toby http://luminouslogic.com/somewhere-in-texas.htm/comment-page-1#comment-983 Toby Mon, 31 Mar 2008 20:19:46 +0000 http://luminouslogic.com/somewhere-in-texas.htm#comment-983 I assume you wrote that post with your tongue "firmly-in-cheek" but you do point out how nonsensical government can be. When did discouraging folks from breaking the law by ticketing them become a business? Why is "How profitable is that red-light camera?" even being considered here? Isn't the safety of the citizens more important that the amount of revenue being generated? Now don't get me wrong, if the whole system is losing money then, by all means, shut it down. But when they fixate on how profitable one intersection is over another, I think they need to have their heads examined. Then again, we are talking about government bureaucracy here... I assume you wrote that post with your tongue “firmly-in-cheek” but you do point out how nonsensical government can be.

When did discouraging folks from breaking the law by ticketing them become a business? Why is “How profitable is that red-light camera?” even being considered here? Isn’t the safety of the citizens more important that the amount of revenue being generated? Now don’t get me wrong, if the whole system is losing money then, by all means, shut it down. But when they fixate on how profitable one intersection is over another, I think they need to have their heads examined. Then again, we are talking about government bureaucracy here…

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