When Purchasing Tokens, What is the Dollar-to-Token Ratio? | HELP CENTER (2024)
10 tokens equal 1$, with no upper limit for how many tokens you can purchase for your managers to give out.
While tokens are purchased at a ratio of 10 to 1$, when the employees use them to purchase gift cards the ratio varies by country due to vendor transaction fees.
When Purchasing Tokens, What is the Dollar-to-Token Ratio? 10 tokens equal 1$, with no upper limit for how many tokens you can purchase for your managers to give out.
Tokens can be purchased in the Connecteam platform. This makes it easy for you to ensure you always have enough tokens when needed. To buy tokens simply press the purchase tokens button and select the relevant bundle. Purchased Tokens never expire and can always be refunded if needed!
But this type/token ratio (TTR) varies very widely in accordance with the length of the text -- or corpus of texts -- which is being studied. A 1,000 word article might have a TTR of 40%; a shorter one might reach 70%; 4 million words will probably give a type/token ratio of about 2%, and so on.
TTR is the ratio obtained by dividing the types (the total number of different words) occurring in a text or utterance by its tokens (the total number of words). A high TTR indicates a high degree of lexical variation while a low TTR indicates the opposite.
If you have a small business, Connecteam offers free software for businesses with less than ten employees that could save you a lot of money. This software will allow you to export your full timesheets in a PDF format for easy payroll processing.
Here are some helpful rules of thumb for understanding tokens in terms of lengths: 1 token ~= 4 chars in English. 1 token ~= ¾ words. 100 tokens ~= 75 words.
If a text is 1,000 words long, it is said to have 1,000 "tokens". But a lot of these words will be repeated, and there may be only say 400 different words in the text. "Types", therefore, are the different words. The ratio between types and tokens in this example would be 40%.
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