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RedDeerGuy1's avatar

What is the counting error percentage rate with automatic cash counters?

Asked by RedDeerGuy1 (24474points) November 12th, 2023
7 responses
“Great Question” (1points)

For any bills?
For any country?

Like from notes sticking together ect.

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Answers

Zaku's avatar

Every time someone types “ect” when they mean “etc” (which stands for “et cetera” [“and again”, in Latin]), the god of typos flinches and bumps the god of ATMs, who makes an ATM make a mistake.

So there is no one rate. People cause it by typing ect.

(Prove me wrong.)

RedDeerGuy1's avatar

@Zaku Do you think that I can win a class action lawsuit toward my English, and language arts teachers? I believe that most of them are dead or retired.

LadyMarissa's avatar

According to my bank, the error percentage is ZERO for cash counters!!! I don’t believe that for a second, but do think it is low enough that an occasional error can’t be easily corrected. Human error is much higher!!! When cash counters are used,the tellers have a habit of recounting it in front of me, & I ALWAYS count it myself before leaving the area.

LifeQuestioner's avatar

I used to work at a local grocery store and every night we would use one of those counters to verify amounts. And I would say that they never made a mistake because our money always came out to where it should. So I’m guessing the percentage is pretty low.

Zaku's avatar

@RedDeerGuy1 No, I don’t. Maybe your best chance would be if Donald Trump somehow becomes dictator of some banana republic, you can appeal your case to him.

RedDeerGuy1's avatar

@Zaku oh ok. Would writing about overcoming my past psychological damages and distress from K-12 and post-secondary education, to the working world, be something that anyone would anyone like to read? Or should I stick to sharing with Fluther, at this time?

elbanditoroso's avatar

My guess is that the condition of the currency makes a difference. A faded, almost tissue-like dollar bill is probably less likely to be counted / handled without incident than a crisp, unfolded bill.

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