Launch HN: Yotta Savings (YC S20) – Behavioral psychology to help people save

Re:Launch HN: Yotta Savings (YC S20) – Behavioral psychology... by KerryJones on Thursday July 09, 2020 @08:41PM (#23786935)

I appreciate the response, I've got a few remaining questions that perhaps you can shed some light on:

- Is that only for the average or also for the median?

- Is the data published anywhere (would love to see distribution curve)?

- Are the calculations assuming someone is saving every week? Or has it also been tested monthly / bi-monthly?

- When someone gets a "windfall", do they keep it in their account or do they withdraw it? (i.e. no longer savings but spent in some sort of celebration)

- Is this using an actual random number generator in which case there will be long-tails of people winning much more as well as losing much more? Or is there some sort of engine that ensures everyone gets something?

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Re:Launch HN: Yotta Savings (YC S20) – Behavioral psychology... by adammoelis on Thursday July 09, 2020 @08:55PM (#23787021)

- This is the average. Going along with your second question you can get a sense of the distribution by looking at the payouts and probabilities in the official rules (https://www.withyotta.com/official-rules)

- It's purely probabilistic so it doesn't need to be tested. It's just random number math.

- Wins are deposited into your Yotta account and are immediately available to withdraw if you'd like

- It's an actual random number generator

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