Need some data for stats class!

[lchyi]

Okay I need to do a report for statistics based on some experiment (survey) with two variables X and Y. X in this case is the price of a new CPU and Y would be the quantity demanded. Thanks all for participating. It's hypothetical but treat it as you would any chip up for release.

(all hypothetical, fictional)
ICCI, Inc. a major player in the CPU industry has come out with a limited release of a new CPU technology (lets say quad core with new type of cache on die for performance rivaling most high end servers with 2 or more processors). At which price ($1000, 900, 800, 700, 600, 500, 400, 300, 200, 100, would not pay) would you be willing to purchase this new technology before the general public gets their hands on it? I'm required at least 30 observations so please chime in if it only takes you about 5 seconds to think about it!

 

[Chaotic42]

The same amount that I would be willing to pay for a processor on the market: $300.

 

[Baked]

Wait till it drops to the <$100 price point.

 

[bandana163]

I wouldn't, I'm a student with almost no income.

 

[DivideBYZero]

<300

 

[natep]

Nothing, I would only expect technical problems from it if the public couldn't get it.

 

[Leper Messiah]

so its performance is like what? two opty 280s?

in that case, if I had the cash...$600.

 

[lchyi]

Yay, thanks ATOT guys. This sure beats going out and surveying random people. Keep 'em coming!

 

[FoBoT]

how much can i get a used one for in FS/T ?

 

[Krazy4Real]

$300

 

[Drakkon]

your getting an invalid sample...due to the nature of the forums and who this question is being asked your getting predominately males with a higher than normal understanding of computer components.
That being said...are we talking fasting processor? low power consumption? special feature (ie AI, higher cache, what?)

 

[lchyi]

The exact point is to survey an audience that understands what a faster processor can do. Otherwise, I would have asked if you would pay $10.50 for a Big Mac right now or something. And, you can't really take an invalid sample. All samples are skewed if you think about it. If you walk in a mall, let's say, Tuesday night, you could say that all the guys are at the local pub doing Taco Tuesdays while their girlfriends/wives are shopping, then if you ask some survey question, you could be getting a predominantly female sample who doesn't like tacos or beer. My sample is exactly where I want it to be.

The special features of this chip were supposed to be something imagined in your head. I didn't want to be too specific but it's basically whatever you think the next generation of CPUs can handle that's not even remotely out in the market yet. So 1) it's exclusive 2) it's probably limited for the time being 3) assume it's stable with no bugs 4) you're basically paying for the chip plus some bragging rights. Anyway, that's probably more input than I need to give for the experiment right now seeing how I'm the controller and all. 🙂

 

[jlee]

Probably about 200 bucks..and that's a stretch.

Originally posted by: FoBoT
how much can i get a used one for in FS/T ?

:thumbsup:😀

 

[hjo3]

Can I sell it on eBay before it comes out?

 

[IAteYourMother]

Originally posted by: lchyi
The exact point is to survey an audience that understands what a faster processor can do. Otherwise, I would have asked if you would pay $10.50 for a Big Mac right now or something. And, you can't really take an invalid sample. All samples are skewed if you think about it. If you walk in a mall, let's say, Tuesday night, you could say that all the guys are at the local pub doing Taco Tuesdays while their girlfriends/wives are shopping, then if you ask some survey question, you could be getting a predominantly female sample who doesn't like tacos or beer. My sample is exactly where I want it to be.

The special features of this chip were supposed to be something imagined in your head. I didn't want to be too specific but it's basically whatever you think the next generation of CPUs can handle that's not even remotely out in the market yet. So 1) it's exclusive 2) it's probably limited for the time being 3) assume it's stable with no bugs 4) you're basically paying for the chip plus some bragging rights. Anyway, that's probably more input than I need to give for the experiment right now seeing how I'm the controller and all. 🙂

Randomly select your individuals ftw?

 

[J Heartless Slick]

I am not a big fan of being on the bleeding edge of new technology. I would rather have someone else live with bugs.

I rather not spend more than $250 for a new CPU.