tag:blogger.com,1999:blog-9172766774137902766.post357626056773056427..comments2023-12-23T09:28:20.869+00:00Comments on The View from Cullingworth: Is £5 a lot of money?Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-9172766774137902766.post-33897159102122907322014-03-29T23:35:01.609+00:002014-03-29T23:35:01.609+00:00When I saw your question in the post, my immediate...When I saw your question in the post, my immediate reaction was to say "No", even though I am 74. There again, nor do I think that £100 is a lot of money. But if you asked me if £1000 pounds is a lot of money, I would say, "Yes" <br />I think that the important thing in the question is that it is a 'closed' question. the answer must be either 'yes' or 'no', and there is no basis that dictates either answer. Thus, the answer is likely to be based upon immediate, past experiences. For example, I recently gave my daughter £500 to help her with some work on her newly acquired house. The gift did not hurt me financially, but the amount colours my visualisation of the value of £5. <br />There are also some strange psychological tricks in the question. For example, I think that £5 would be a lot to pay for a pint of beer, but that does not mean that I think that £5 is a lot of money! <br />------<br />Unfortunately, your straw poll suffered from the fault of many 'epidemiological' studies - correlation does not equal causation. There was a correlation with age, but that does not mean that age is the only, or even the main, factor!Junican https://www.blogger.com/profile/03405543859782362078noreply@blogger.com