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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 ...
Canadian Tire money, officially Canadian Tire 'money' [1] [2] or CTM, is a loyalty program operated by the Canadian retail chain Canadian Tire Corporation (CTC). It consists of both paper coupons introduced in 1958 and used in Canadian Tire stores as scrip, and since 2012 in a digital form introduced as Canadian Tire Money Advantage, rebranded in 2018 as Triangle Rewards.
Risk-free rate. The risk-free rate of return, usually shortened to the risk-free rate, is the rate of return of a hypothetical investment with scheduled payments over a fixed period of time that is assumed to meet all payment obligations. [1]
Change-making problem. The change-making problem addresses the question of finding the minimum number of coins (of certain denominations) that add up to a given amount of money. It is a special case of the integer knapsack problem, and has applications wider than just currency. It is also the most common variation of the coin change problem, a ...
On eBay, these kinds of bills can sell for anywhere from $10 to $300. The lower the serial number, the more valuable the currency is considered to be; a bill with the serial number 00000001 could ...
Is there a name for, or any research on this specific variant of the coupon collector's problem?Specifically, I am looking for a formula that calculates the expected number of batches we need to draw in order to collect all N kinds of coupons, given that in one batch there are k coupons that are not necessarily different (we can for example get a batch of 10 same coupons).
Rather, ask for the debt collection notice they're required to give you within a 5 day period. The amount of time that a debt collector can legally pursue old debt varies by state and type of debt ...
It is stated that "[The coupon collector's problem] asks the following question: If each box of a brand of cereals contains a coupon, and there are n different types of coupons, what is the probability that more than t boxes need to be bought to collect all n coupons?" However, this question is not answered in the solution section.