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Nathandee , to technology in Netflix to open branded retail stores for some reason

They took this advice / business idea from Matpat

sebinspace ,

That’s dangerous

AngryCommieKender ,

That’s just a theory

JoBo , to science in Coin flips don’t appear to have 50/50 odds after all

As far as I can tell this is related to Benford’s law. The coin has to land sometime and at any given time it has spent as much or more time facing the way up it started, so it has more opportunities to land that way up. The fewer times it spins, the more pronounced the effect.

AbouBenAdhem , (edited )

The fewer times it spins, the more pronounced the effect.

That accords with the finding that each flipper had a different average bias (if each flipper has a characteristic spin rate).

Jerkface ,

I remember trying to show this in math class in jr. high. I would deliberately try to flip the coin in the same fashion each time. I was able to get something like a 70/30 split out of 100 flips.

Spzi ,

The coin has to land sometime and at any given time it has spent as much or more time facing the way up it started, so it has more opportunities to land that way up. The fewer times it spins, the more pronounced the effect.

I think that’s only relevant for coin flips which last for less than half a spin. Probably much less, considering momentum.

So maybe this means that 0.8% of all coin flips make less than half a flip. They basically just throw the coin up, without changing it’s rotation?

I don’t see how the number of times it spins could have any effect, as 1 spin is equal to 3 spins, or 101 and 57895.

But it matters if the coin spins at all.

JoBo ,

If you understand why it matters that it spins at all, you understand why it matters that on each 360 degree spin, it will be facing up for the first half of the spin. Think it through.

Spzi ,

I honestly tried, thanks for the impulse.

on each 360 degree spin, it will be facing up for the first half of the spin.

Yes, and that’s decisive if the coin is stopped during that phase. It will be facing down for the second half of the spin, which is decisive if the coin is stopped in that phase instead.

Since coins can spin with different speeds and can be stopped after different periods of time, this should be somewhat random, once it’s spinning.

I think I got your point that on average, the coin is facing more up than down, since it started facing up. But I think that’s only relevant if the coin is stopped in that initial phase, before making at least half a spin.

Wait, are we approaching the same argument from different sides? If we assume a random distribution of spinning speeds and a random distribution of toss durations. Then there will be some coins which experience very slow rotation, and which are also caught early enough that they don’t complete even half a spin. These have to face up.

All the other combinations of spin and toss produce random faces.

JoBo , (edited )

It’s not like rolling a die, the toss has to end at a point in time and time is linear. T=1 must happen before T=2. At any given time, the difference between the amount of time spent facing up and facing down will be between 0 and T/2n where T is the total time spent in the air and n is the number of spins completed in T. The more times it spins, the smaller the maximum difference between the two but there will always be a difference. It has more chances to land face up than it does face down.

Get your head around Benford’s Law. It’s a headfuck but it’s true for certain data generating processes. A coin toss doesn’t produce the same kind of data but it is the equivalent process for a binary outcome.

E2A: actually, it is a bit like rolling a die (because they come to rest at time T too). But that’s a much more complicated problem because the die doesn’t just land, it bounces around a bit. There’s some stuff out there about this for craps and I guess it’s why the dice have to hit the back wall. Any edge due to technique must be small enough for casinos not to care about it.

GrammatonCleric , to science in Coin flips don’t appear to have 50/50 odds after all
@GrammatonCleric@lemmy.world avatar

The best way to flip a coin is to flip it, then base your decision on your reaction to the result of the coin flip.

Zoidsberg ,
@Zoidsberg@lemmy.ca avatar

Hm… It landed heads, which means you get to kill me. This makes me feel disappointed. Lets just say it landed tails.

Anticorp ,

Totally. It reveals what you really wanted.

LilB0kChoy , to technology in Netflix to open branded retail stores for some reason
ZeroCool ,

Planet Hollywood

Image

scottywh ,

I didn’t realize Planet Hollywood barely still existed.

Very interesting.

RedEyeFlightControl , to technology in Netflix to open branded retail stores for some reason
@RedEyeFlightControl@lemmy.world avatar

This is why my subscription went up? Time to cancel.

possiblylinux127 , (edited )
SkepticalButOpenMinded , to technology in Netflix to open branded retail stores for some reason

I don’t get why this is so confusing. This is basically a rotating theme restaurant/theme shop. Disneyland, Universal Studios, the new Nintendo park, etc. aren’t really about the rides or food either. Will tourists buy Stranger Things tchotchkes and Bridgerton merch? Sure, we’re a hyper consumeristic society that loves pop culture doodads and experiences. I somehow get the feeling this will fail, Netflix’s brand has lost its luster recently, but I don’t think this idea is totally out there.

Garden_Ramsay ,

I’m not confused why they’re doing it, I’m confused why they think b&m stores are the way to go. I’m sure they can subsidize any potential losses from other money making areas but why not just sell the merch online? Storefront overhead ain’t cheap.

thejml ,

While I completely agree, there’s a bit of a draw to certain experiences around shopping. Some instances:

  • FAO Schwarz in NYC
  • Nintendo flagship store in NYC
  • Tiffany & Co. in NYC on 5th Ave
  • LEGO store in Leicester Square London

Basically look up a list of Flagship stores, even Microsoft and Samsung have ones. They’re more of an experience and bragging rights than just walking in a random Walmart to get merch. Sure, you can just order it online, but it’s not the same.

SkepticalButOpenMinded ,

Because it’s not about immediate sales, it’s about marketing. They’ve been between major culture defining hits for a while, but imagine if such a store existed when Squid Games was at its peak. Create a few instagrammable moments at two locations, a place for hyped fans to pilgrimage, and that’s much cheaper than TV advertising. Not saying it’ll be successful, but I think there’s some logic to this.

tacosanonymous ,

I think that’s a fair assessment but that particular kind of retail is risky. Food, maybe.

Pxtl ,
@Pxtl@lemmy.ca avatar

I think the problem is the reporting: it says “retail stores” right in the headline. Which sounds insane.

“Netflix to open themed restaurants and gift-shops” sounds… well, still insane, but less-so.

Breve , to technology in Netflix to open branded retail stores for some reason

What’s next, Netflix announces new “Netflix Direct” service where for a monthly fee they run a physical wire to your house that plugs right into your TV to deliver streaming content? 🙄

scottmeme , (edited )

Wouldn’t be too far off from what they currently do. They work with ISPs and provide cache servers to decrease load on primary network infrastructure.

Source: openconnect.netflix.com/en/

daryashkoh , to technology in Netflix to open branded retail stores for some reason

If they spend money on this, how will they afford to acquire beloved series to cancel after two seasons?

Blackdoomax ,

They’ll cancel after the first season.

Molecular0079 , to games in NVIDIA's GeForce Now will cost more in Canada and Europe starting in November

More and more I am just like “SELF-HOST ALL THE THINGS”. I’ve been setting up Wake-On-Lan and using Steam Remote Play to satisfy my game streaming needs and it’s better than GeForce Now in many respects. Plus there’s no game limitations.

I get that it isn’t a perfect replacement for those who don’t want to drop the insane amounts of cash on a GPU these days though.

Dyskolos , to games in NVIDIA's GeForce Now will cost more in Canada and Europe starting in November

Goodbye then. Was already expensive enough.

VantaBrandon , to technology in Netflix to open branded retail stores for some reason

Nail in the coffin, RIP Netflix

PrincessLeiasCat , to technology in Netflix to open branded retail stores for some reason

No.

scrubbles , to moviesandtv in Best Buy may end DVD and Blu-ray sales early next year
@scrubbles@poptalk.scrubbles.tech avatar

I mean, I started working there in 2012 and during first day orientation they said they were doing this.

possiblylinux127 , to technology in New York lawmakers are cracking down on kids' exposure to social media algorithms | If passed, anyone under 18 would require permission from a parent or guardian to view content on accounts they do...

I’m not giving my id. Period

BlackPenguins , to technology in Netflix to open branded retail stores for some reason

This is the same thing as the HBO store in NYC. It can work well if the location is right and touristy enough.

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