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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 ...
Robert Bernard Reich ( / ˈraɪʃ / RYSHE; [2] born June 24, 1946) is an American professor, author, lawyer, and political commentator. [3] He worked in the administrations of presidents Gerald Ford and Jimmy Carter, [4] and served as Secretary of Labor from 1993 to 1997 in the cabinet of President Bill Clinton.
In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...
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