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Coupon collector's problem. In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more ...
Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...
There are many different proofs of the divergence of the harmonic series, surveyed in a 2006 paper by S. J. Kifowit and T. A. Stamps. [13] Two of the best-known [ 1 ] [ 13 ] are listed below.
Price discrimination. Price discrimination is a microeconomic pricing strategy where identical or largely similar goods or services are sold at different prices by the same provider in different market segments. [ 1][ 2][ 3] Price discrimination is distinguished from product differentiation by the more substantial difference in production cost ...
The area of the selection within the unit square and below the line z = xy, represents the CDF of z. This divides into two parts. The first is for 0 < x < z where the increment of area in the vertical slot is just equal to dx. The second part lies below the xy line, has y-height z/x, and incremental area dx z/x.
(x 1, y 1) + (x 2, y 2) = (x 1 + x 2, y 1 + y 2). Let R + be the group of positive real numbers under multiplication. Then the direct product R + × R + is the group of all vectors in the first quadrant under the operation of component-wise multiplication (x 1, y 1) × (x 2, y 2) = (x 1 × x 2, y 1 × y 2). Let G and H be cyclic groups with two ...
Determined to get her dream dress, Elizabeth, who was just a princess at the time, saved up clothing coupons in order to pay for the gown, MSNBC reported on the air Thursday. Though she was given ...
X and Y are two whole numbers greater than 1, and Y > X. Their sum is not greater than 100. S and P are two mathematicians (and consequently perfect logicians); S knows the sum X + Y and P knows the product X × Y. Both S and P know all the information in this paragraph. In the following conversation, both participants are always telling the truth: