Media Wynncraft Wealth-level Correlation Study

Jared2183 · Mar 2, 2017

Pokextreme said: ↑

Convert
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but there is no set price for mythics...

Pokextreme · Mar 2, 2017

Jared2183 said: ↑

but there is no set price for mythics...
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Your a price checker. Give it what you think it's worth

Jared2183 · Mar 2, 2017

Pokextreme said: ↑

Your a price checker. Give it what you think it's worth
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but what about others?

Pokextreme · Mar 2, 2017

Jared2183 said: ↑

but what about others?
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Most people have a general idea of mythic value if they own one.

Jared2183 · Mar 2, 2017

Pokextreme said: ↑

Most people have a general idea of mythic value if they own one.
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youd be surprised

Pokextreme · Mar 2, 2017

Jared2183 said: ↑

youd be surprised
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Actually no I wouldn't. I realized how absurd that statement was like 1 min after posting

Pokextreme · Mar 6, 2017

SilverMirror said: ↑

Hi I'm bored doing my social psychology report and I suddenly have an idea to do this study

Background Info
"Wynncraft economy is broken"
"The poor are getting ripped off and the rich are getting richer"
"You're only rich because you're high level"

These are some of the famous quotes people used to describe wynncraft's economy, but how many of these are true? We have a rough idea that there are some people that are extremely rich and there are some that claims to be very poor, there are no formal studies carried to investigate this issue.

Im here to tackle this problem by creating this wealth-level correlation study, to see if total levels are a main factor to the wealth, as well as to study the wealth distribution of the community. I'm doing this to see if I can bust the myth that most of the wealth are concentrated on "1% of the population".

Instructions
You'll only be asked to enter your Total Level and your Total Wealth, while total level is easy to find out the total wealth will not only include your raw LE count, but also include:
- Mythics, Horses and Collectables
- T4 or above powders
- Gears (inventories of unsold gears count as 32LE per class for easier calculation on your end)
- Gears that you don't plan on selling count as part of your wealth as well

You'll be asked to enter the total wealth in the form of LE. Please do not enter how many stacks you have. This is to speed up the calculation process when I export the results to a statistic software

Survey
Join the survey by clicking this LINK, note that you will not be asked to record your name, nor your user name is recorded by me. Therefore even if you finish this simple survey you won't have your privacy leaked to me.

Results?
The results will be published separately in a week time

Feedback?
comment below any suggestion you want to add to the study, maybe additional question that I can look at, note that I cannot change the survey otherwise it would not be fair
Click to expand...

Poke

SizzlingBacon · Mar 6, 2017

SilverMirror said: ↑

Hi I'm bored doing my social psychology report and I suddenly have an idea to do this study

Data Collection Finished - Result Analysing

Background Info
"Wynncraft economy is broken"
"The poor are getting ripped off and the rich are getting richer"
"You're only rich because you're high level"

These are some of the famous quotes people used to describe wynncraft's economy, but how many of these are true? We have a rough idea that there are some people that are extremely rich and there are some that claims to be very poor, there are no formal studies carried to investigate this issue.

Im here to tackle this problem by creating this wealth-level correlation study, to see if total levels are a main factor to the wealth, as well as to study the wealth distribution of the community. I'm doing this to see if I can bust the myth that most of the wealth are concentrated on "1% of the population".

Instructions
You'll only be asked to enter your Total Level and your Total Wealth, while total level is easy to find out the total wealth will not only include your raw LE count, but also include:
- Mythics, Horses and Collectables
- T4 or above powders
- Gears (inventories of unsold gears count as 32LE per class for easier calculation on your end)
- Gears that you don't plan on selling count as part of your wealth as well

You'll be asked to enter the total wealth in the form of LE. Please do not enter how many stacks you have. This is to speed up the calculation process when I export the results to a statistic software

Survey
Join the survey by clicking this LINK, note that you will not be asked to record your name, nor your user name is recorded by me. Therefore even if you finish this simple survey you won't have your privacy leaked to me.

Results?
The results will be published separately in a week time

Feedback?
comment below any suggestion you want to add to the study, maybe additional question that I can look at, note that I cannot change the survey otherwise it would not be fair
Click to expand...

i think its time to get the results

SilverMirror · Mar 6, 2017

NotSizzlingBacon said: ↑

i think its time to get the results
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It is, but turning a APA style statistical report into a digestible short post for non-university students to read is not a easy and fun thing to do :(

SizzlingBacon · Mar 6, 2017

SilverMirror said: ↑

It is, but turning a APA style statistical report into a digestible short post for non-university students to read is not a easy and fun thing to do :(
Click to expand...

o

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Media Wynncraft Wealth-level Correlation Study

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