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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 than t boxes need to be bought ...
Buy one, get one free. " Buy one, get one free " or " two for the price of one " is a common form of sales promotion. Economist Alex Tabarrok has argued that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion ...
Past predictions First millennium CE Date (CE) Claimant(s) Description Ref. 66–70 Simon bar Giora, Jewish Essenes The Jewish Essene sect of ascetics saw the Jewish uprising against the Romans in 66–70 in Judea as the final end-time battle which would bring about the arrival of the Messiah. By the authority of Simon, coins were minted declaring the redemption of Israel. 2nd century Montanus ...
Given n coupons, how many coupons do you expect you need to draw with replacement before having drawn each coupon at least once. —Preceding unsigned comment added by 131.155.59.211 11:30, 21 January 2010 (UTC) I agree with this. The problem defn. on the page was not clear to me at all. Magicmike 19:42, 22 February 2011 (UTC)
Coupon. In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product . Customarily, coupons are issued by manufacturers of consumer packaged goods [1] or by retailers, to be used in retail stores as a part of sales promotions. They are often widely distributed through mail ...
However, the coupon periods themselves may be of different lengths; in the case of semi-annual payment on a 365-day year, one period can be 182 days and the other 183 days. In that case, all the days in one period will be valued 1/182nd of the payment amount and all the days in the other period will be valued 1/183rd of the payment amount.
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My Coke Rewards had a meter that tells the member how many points they earned during the current week, and whether they have reached the 75 point-per-week limit. Attempts to enter codes that exceed the limit (for example, entering any code which will exceed 75 points) do not cause overflow; the participant was told to “hold on to that code”.