What’s a Five and Dime?

Five and dime stores sold affordable household items at discounted prices. The concept began with FW Woolworth stores in the late 19th century. Woolworth opened the first five and dime in Utica, NY in 1879, offering items costing a nickel. He expanded and added lunch counters. Other retailers opened successful chains, some becoming mega-retailers. Dime […]

Is flipping a dime fair for unbiased decisions?

According to Stanford University researchers, a standard penny with Lincoln’s head is heavier on one side, causing it to land tails up about 80% of the time. An older dime with dirt and oils may affect the outcome. It takes five or seven shuffles to put a deck of cards into a mathematically random order. […]

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