nanasplitter Posted August 11, 2011 Share Posted August 11, 2011 So, it has come to my attention that the Growth/loss estimation program uses a linear regression to determine the data for the graph displayed. While in most cases this is perfectly acceptable, I would much prefer if you switched to an exponential regression so users could get a more accurate set of data and understand which items are going to flip, and which items are going to flop. A generic, variable example of this follows: Item x has prize y. Price y fluctuates greatly , and at a rate that has a pattern that can be calculated with an exponential regression system. However, because the current system uses a LINEAR regression system, that pattern can not be predicted, and a massive potential profit is missed out on. Example B: Item A has price B. Price B Has been steadily decreasing but has spiked suddenly over the last few days. Someone checks the projected growth of item A and it is projected to continue growing at the current rate. However, after the item is purchased, it's price drops down to it's original, much lower, cost. A massive loss of RSGP is experienced due to this incorrect statistical calculation. Long story short, a linear regression system does NOT cut it for market predictions. An exponential prediction is necessary when predicting things that are constantly fluctuating. P.S.: If this is in the wrong section, I apologize. This is my first post and I didn't see where else it should go. Link to comment Share on other sites More sharing options...
Tecmaster Posted August 11, 2011 Share Posted August 11, 2011 I will pass this along to our GE Centre developer, he is much better suited to comment on this and or make changes than I am. ;) Owner of the Quest Point Cape Link to comment Share on other sites More sharing options...
All_Bogs Posted September 20, 2011 Share Posted September 20, 2011 Just had a quick chat with the person behind the GE centre. Basically, he's bogged down with stuff that is a bit higher on the priority list for the foreseeable future. Should the algorithm be updated at some point, we'll let you know. Thanks for suggesting :) Link to comment Share on other sites More sharing options...
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