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Formula for Track Points?

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Formula for Track Points? Empty Formula for Track Points?

Post  dctim Fri May 29, 2009 12:20 pm

I was just wondering what the formula is.

It seems I get 1 point for each bill entered, and ??? for each hit.
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Formula for Track Points? Empty Formular

Post  Admin Fri May 29, 2009 2:34 pm

Hi,

see also ABOUT topic on the website.

Track Points
you will receive Track Points:
a) 1 Point for every entered bill
b) 1 Point for every hit PLUS 1/5th of your hit percentage (10 points max)
so if your hit percentage goes up to 16% you will get 1 Point + 3.2 Points for every hit

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Formula for Track Points? Empty Okay, I'm slow

Post  dctim Fri Aug 21, 2009 4:35 pm

I get this part:
a) 1 Point for every entered bill
(currently 587)

I'm a little fuzzy here:
b) 1 Point for every hit
(currently 20)
PLUS 1/5th of your hit percentage
My current Hit % is 3.4%, so my "PLUS" is 1.0064 -- shouldn't my score be 607.128?
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Formula for Track Points? Empty trackpoints

Post  Admin Mon Aug 24, 2009 9:21 am

Hi,

okay here the explanation:
the trackpoints are booked at the time of the hit. At the time you had your first hit, the hit rate was a lot lower or a lot higher.
if you entered 20 bills and you get a hit early then this will give you 1 point + 1 (5% rate /5) points bonus at this time.
Later you entered a lot more, so the bonus went down a bit.

Compare it with a bank :-) they do not give you 5% out of $1000 because you had $1000 on Dec 31st on the account. They give you the interest daily.

Does this explanation answer your question?
plmk
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Formula for Track Points? Empty Re: Formula for Track Points?

Post  dctim Tue Aug 25, 2009 11:48 am

Okay. I guess that makes sense. Now all I have to do is to figure out how to plug the various numbers into an equation that I can calculate on my own.
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