[Hallicrafters] Re Statistical Averaging

[Duane Fischer, W8DBF]

Barry (and whomever)	

	As a fellow Psychology major, you did a nice job of explaining the way mean
averages work to those who may not understand statistical averaging. 

One factor that is generally not mentioned, is the 'emotion of the moment'.
Unlike being in a real store where that emotion is the impulse to buy it because
you want it, righ tnow, then and there. The price is fixed. The electronic
'emotion of the moment' is not just to buy it, 'but that so and so is not going
to out bid me!'. Hence the prices inflate as do the egos. The actual worth is
more accurately seen as that third group of numbers you pointed to.	
	
The so called appraised value of anything is an imaginary number of sorts. The
actual value is what you can get for said item if you sell it. The electronic
auction has reversed the selling pattern. How? The seller used to set a price he
knew was too high, as it is human nature to want to get a bargain and buy it for
less. The buyer likes to think he has just about stolen it he got such a great
deal. The end result was that the seller got the actual amount he wanted and the
buyer was happy because he perceived he got a great deal. Now the seller sets
the minimum price he will sell it for and the buyers jack up the price they will
pay for it! It is a sellers market. 		
	
Whether any of us agree with a sellers price is academic. 
Many of us frequently disagree or comment on the ridiculously high prices. In
truth we should all keep our mouths shut. It is between the seller and the
buyer, not any of us. But we are human and we often express our opinions whether
the world wants to here them or not. That's life. It is freedom of speech. We
should be able to disagree without slinging insults or getting angry. Everyone
is entitled to his/her opinion, whether we agree or disagree, the end result
should not be a war zone. We 'ALL' need to work toward that goal.	
	
Duane Fischer, W8DBF