Aldi not giving change

ohnonotgmail · 29-10-2015 5:23pm

TallGlass wrote: »

Never complained buddy, I said day one and I am down 2c.

So you agree they would increase the prices then. Only person who loses out in this is the customer. If they wanted to and they could, they could do this themselves. Would you ever give over.

There going to increase prices regardless, and yeah they are tick, its easy for them to do it. But it doesn't suit them, just as easy to have the customer foot the bill. Do you honestly think they likes of Tesco, SuperValu would bring this in if they are going to lose out on money. Not a chance.

Sure look at the difference in supermarket price comparisons its always down to cents. Believe me buddy, I know what I am talking about.

day one and you are down 2c. day two and you buy something and the total is €2.02 and you hand over €2 so now you back to even. it really is that simple.

ohnonotgmail · 29-10-2015 5:26pm

TheChizler wrote: »

<pedant> Statistically though that's not actually very likely, more likely to be out by a few tens of Euro either way (you've got me thinking about the maths now!) but that's not likely to be a problem for someone making a million transactions! </pedant>

tens of euros for an individual is highly unlikely. For the population as a whole it will be pretty much break even.

TheChizler · 29-10-2015 5:36pm

ohnonotgmail wrote: »

tens of euros for an individual is highly unlikely. For the population as a whole it will be pretty much break even.

I don't know about the first, I know it's more likely than only being out by a few cent for a million iterations. And yes of course on average across a population it will more or less break even.

Edit: A quick (probably wrong) calculation where you assume being -1, -2, 0, 1, and 2 c out on a transaction are equally likely, after a million transactions you have a greater than 50% chance of being less than or equal to €40.01 out. But at this stage the maths forum might be more appropriate...

ohnonotgmail · 29-10-2015 7:40pm

TheChizler wrote: »

I don't know about the first, I know it's more likely than only being out by a few cent for a million iterations. And yes of course on average across a population it will more or less break even.

Edit: A quick (probably wrong) calculation where you assume being -1, -2, 0, 1, and 2 c out on a transaction are equally likely, after a million transactions you have a greater than 50% chance of being less than or equal to €40.01 out. But at this stage the maths forum might be more appropriate...

I would like to see how you calculated that but not for this forum as you say. For a population as a whole i cant see how it could be other than a zero sum game.

delahuntv · 29-10-2015 10:39pm

NewDirection wrote: »

Anyone complaining about this simply doesn't grasp the concept.
Stop focusing on the one single transaction that you incurred a 2c loss on, and just for one moment look beyond.

After 100 transactions will you be up or down and by how much? Probably up or down by a few cent.
After 1,000 transactions will you be up or down and by how much? Probably up or down by a few cent.
After 1,000,000 transactions will you be up or down and by how much? Probably up or down by a few cent.

Ah jaysus - stop bringing common sense in on the argument.

It won't do the catastrophe syndrome groupies any good!

ziedth · 29-10-2015 11:49pm

NewDirection wrote: »

Anyone complaining about this simply doesn't grasp the concept.
Stop focusing on the one single transaction that you incurred a 2c loss on, and just for one moment look beyond.

After 100 transactions will you be up or down and by how much? Probably up or down by a few cent.
After 1,000 transactions will you be up or down and by how much? Probably up or down by a few cent.
After 1,000,000 transactions will you be up or down and by how much? Probably up or down by a few cent.

To look at it a slightly different way. Let's say you went to the shop ever second day so that's 4 transactions a week rounded up (pardon the pun) or 208 transactions a year. Now let's say your one your very very unlucky and you are shorted .01c 3/4 of the time. Will we guess how long it will take for you to he down the price of a pint in temple bar the answer is...... 3.5 years. Anyone who is seriously complaining about this needs a Hoby IMHO

Ken. · 29-10-2015 11:53pm

It's so simple. If you end up with your total being 3,4,8,9 buy a 22c plastic bag and you either break even or are up 1c.

NewDirection · 30-10-2015 11:16am

ken wrote: »

It's so simple. If you end up with your total being 3,4,8,9 buy a 22c plastic bag and you either break even or are up 1c.

More accurately you are down 20/21c and up a plastic bag. :pac:
But ya, I get your point!!

I think for any purchases where you are buying multiple items (eg. your weekly shopping) the distribution from -2c to 2c will be awfully close to truely random.

If you are in the process of buying all your items individually you will proably be a net loser due to more items ending in €.99. (unlikely scenario)

The only place I can see a net loser would be at the petrol pump where the purchaser can set the price range from say 19.98-20.02. But its common practice for as long as I know that a petrol station will round down the 1 or 2c above the 20 anyway, so again its business as usual.

coylemj · 30-10-2015 3:36pm

Quinn Tight Tail wrote: »

As the number of transactions increases, some people will end up appreciably winning ...

No they won't. Probability theory says that the more transactions they do, the closer they will get to a zero effect because the overall average is that nobody wins or loses.

It's the same as tossing a coin 1,000 times. In the early stages the result might be skewed in favour of heads or tails but the more times you toss the coin, the closer the overall result will get to 50:50.

Second Toughest in_the Freshers · 30-10-2015 3:39pm

thats not how it works,

thats not how any of this works

Ken. · 30-10-2015 3:44pm

NewDirection wrote: »

More accurately you are down 20/21c and up a plastic bag. :pac:
But ya, I get your point!!

But you could always try convince yourself your getting the bag for 1 or 2 cent cheaper and sticking it to the government.

ohnonotgmail · 30-10-2015 3:44pm

Second Toughest in_the Freshers wrote: »

thats not how it works,

thats not how any of this works

care to expand on this?

ben.schlomo · 30-10-2015 4:30pm

ohnonotgmail wrote: »

care to expand on this?

I dunno, i think hes summed it all up there really.

TheChizler · 30-10-2015 4:37pm

coylemj wrote: »

No they won't. Probability theory says that the more transactions they do, the closer they will get to a zero effect because the overall average is that nobody wins or loses.

It's the same as tossing a coin 1,000 times. In the early stages the result might be skewed in favour of heads or tails but the more times you toss the coin, the closer the overall result will get to 50:50.

Define 'closer'?

coylemj · 30-10-2015 4:55pm

TheChizler wrote: »

Define 'closer'?

Proximity to. In this context the overall (and in particular the average per transaction) net gains/savings will converge to zero.

Second Toughest in_the Freshers · 30-10-2015 5:36pm

ohnonotgmail wrote: »

care to expand on this?

https://en.wikipedia.org/wiki/Gambler%27s_fallacy
The gambler's fallacy, also known as the Monte Carlo fallacy or the fallacy of the maturity of chances, is the mistaken belief that, if something happens more frequently than normal during some period, it will happen less frequently in the future, or that, if something happens less frequently than normal during some period, it will happen more frequently in the future (presumably as a means of balancing nature).

coylemj · 30-10-2015 5:40pm

Second Toughest in_the Freshers wrote: »

https://en.wikipedia.org/wiki/Gambler%27s_fallacy
The gambler's fallacy, also known as the Monte Carlo fallacy or the fallacy of the maturity of chances, is the mistaken belief that, if something happens more frequently than normal during some period, it will happen less frequently in the future, or that, if something happens less frequently than normal during some period, it will happen more frequently in the future (presumably as a means of balancing nature).

+1 If a roulette wheel is spun ten times and it comes up red each time, what are the chances that the next spin will be black?

Answer: 50%.

If you toss a coin and it comes up heads ten times in a row, what are the chances that the next spin will be tails?

Answer: 50%.

Second Toughest in_the Freshers · 30-10-2015 5:44pm

also, from the above link, on tossing a coin with one side red, one side blue.

the proportion of red versus blue approaches 50-50 (the law of large numbers). But the difference between red and blue does not systematically decrease to zero

wardides · 03-11-2015 9:43am

How has this thread got to 18 pages? Insane.

ytpe2r5bxkn0c1 · 03-11-2015 9:54am

wardides wrote: »

How has this thread got to 18 pages? Insane.

And you just dragged it to 19.

This shows the innate resistance and objection to any change in this country. People look for potential faults immediately.

It's a max of 2 cent on a transaction.

Dodge · 03-11-2015 10:13am

Jade Moldy Thanksgiving wrote: »

This shows the innate resistance and objection to any change in this country.

or in this case, people's innate love of hanging on to change

ytpe2r5bxkn0c1 · 03-11-2015 10:34am

Dodge wrote: »

or in this case, people's innate love of hanging on to change

Do you think anybody values, let alone loves, having a pocket full of coppers after a trip to town?

ohnonotgmail · 03-11-2015 10:40am

Jade Moldy Thanksgiving wrote: »

Do you think anybody values, let alone loves, having a pocket full of coppers after a trip to town?

well i do love cashing in the big tin of spare change i have and getting at least €100 of 'free' money.

TOMs WIFE · 30-01-2016 7:50pm

delahuntv wrote: »

if the retailer was pedantic and following rules to the absolute letter in their favour and you wanted to be sure of change, you would then make an offer saying that you will offer €10 in exchange foir the goods and €1 returned.
Hence it is "reasonable" to expect change in the above transaction due to the norms of society, but it is not illegal not to give the change - however such a store would not last long.

This is interesting. It appears clear that there is no legislation stating that you are entitled to get change from a transaction.

But - if I purchase an item for €9 and give the retailer €10, and they refuse (legally as people are saying here) to provide me with €1 change, what would happen if I brought them to court? Would a court find that they owed me €1 because the contract clearly intended that I only paid €9?
And if a court found that the shop had to pay me €1 change, then would that make it illegal not to give change?

Thanks.

TheChizler · 30-01-2016 8:19pm

I forgot about this thread! In that case if they accepted the €10 and you took the goods away you would probably have just bought them for €10. You could have refused to complete the transaction, so I don't know what you would be during over exactly. Unless they refused to give you back your €10 and you didn't take the goods.

VincePP · 31-01-2016 9:11pm

TOMs WIFE wrote: »

This is interesting. It appears clear that there is no legislation stating that you are entitled to get change from a transaction.

But - if I purchase an item for €9 and give the retailer €10, and they refuse (legally as people are saying here) to provide me with €1 change, what would happen if I brought them to court? Would a court find that they owed me €1 because the contract clearly intended that I only paid €9?
And if a court found that the shop had to pay me €1 change, then would that make it illegal not to give change?

Thanks.

Surely you'd have to show what law they broke. As per that post, no retailer would survive such a policy, therefore its purely theoretical. But theoretically speaking to take a court case you need to show where the error was in a legal sense.

Aldi not giving change

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