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A credit card contains 16 digits between 0 and 9 . However, only 100 million numbers are valid. If a number is entered randomly, what is the probability that it is a valid number?

Short Answer

Expert verified
The probability is \(\frac{1}{100,000,000,000}\).

Step by step solution

01

Determine the Total Possible Combinations

A credit card number consists of 16 digits. Each digit can range from 0 to 9, meaning there are 10 possible choices for each digit. Therefore, the total number of possible combinations for a credit card number is calculated by raising 10 to the power of the number of digits, which is 16: \(10^{16}\).
02

Calculate the Total Possible Combinations

Calculate \(10^{16}\) to determine the total number of possible credit card numbers: \(10^{16} = 10000000000000000\). This value represents all the possible combinations of a 16-digit number where each digit ranges from 0 to 9.
03

Determine the Total Valid Combinations

According to the given problem, out of these combinations, only 100 million numbers are valid.
04

Calculate the Probability

The probability of a randomly generated number being valid is given by the ratio of the number of valid numbers to the total number of possible numbers. Therefore, probability \(P\) is calculated as: \(P = \frac{\text{Number of valid combinations}}{\text{Total possible combinations}} = \frac{100,000,000}{10^{16}}\).
05

Simplify the Probability Expression

Simplify the probability fraction: \(P = \frac{100,000,000}{10,000,000,000,000,000}\). This simplifies to: \(P = \frac{1}{100,000,000,000}\).

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Combinatorics
Combinatorics is the branch of mathematics that deals with counting, arranging, and analyzing combinations and permutations. It helps us understand how many ways we can organize a set of items or how many different forms a combination can take. In our exercise, each of the 16 digits in the credit card offers 10 possibilities (ranging from 0-9). By understanding combinatorics, we calculate the number of all potential credit card numbers. This is done by multiplying the number of choices for each digit, which we represent as raising 10 to the power of 16. This results in a huge number: \(10^{16} = 10,000,000,000,000,000\).
This number gives us a sense of the vast possibilities when it comes to generating combinations. Combinatorics allows us to pin down exactly how immense this space is, providing us the foundation to later calculate probabilities, such as determining the likelihood of picking a valid credit card number out of the vast many.
Random Number Generation
Random number generation involves creating sets of numbers that lack any predictable pattern or sequence. In the context of credit card security, generating random but valid numbers is crucial for both security and functionality.

When you input a random 16-digit number, it can fall anywhere in the broad range established by the total possible combinations. This randomness is key when understanding how likely it is for just any random number to qualify as valid. It is essential to ensure that any system generating numbers, for testing or security purposes, harnesses genuine randomness to avoid predictable patterns that could be exploited.
  • An algorithm might be used for randomness, such as a pseudorandom number generator (PRNG), which simulates randomness using deterministic processes.
  • True randomness is ideally touched upon in more sensitive applications, possibly utilizing unpredictable physical phenomena like atmospheric noise.
Understanding random number generation helps highlight why a seemingly simple task yields such a low probability of randomly hitting a valid number.
Valid Combinations
Valid combinations in our specific example refer to the subset of potential numbers that are acceptable or functional as credit card numbers. Although there are \(10^{16}\) possible sequences when generating random 16-digit numbers, only 100 million of these sequences are recognized as valid. This means that despite the seemingly endless potential combinations, only a tiny fraction actually work in real-world applications.

Different credit card companies use different methods to determine their valid numbers, often involving checksums or other validation techniques. These methods ensure that invalid numbers—those that do not comply with the underlying algorithms or logic—are easily flagged and denied.
  • To find the probability of drawing a valid number, we need to compare the valid numbers to the total possible numbers.
  • The ratio of 100 million to 10 quadrillion (\(100,000,000\) to \(10^{16}\)) highlights the scarcity of valid numbers.
  • This mathematically shrinks into a simple probability: \(\frac{1}{100,000,000,000}\), illustrating just how rare it is to randomly hit upon a valid number.
Thus, this concept becomes crucial in appreciating how rigorous the process of validating each number is, reinforcing the overall security of such systems.

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Most popular questions from this chapter

An electronic storage device uses an error recovery procedure that requires an immediate satisfactory readback of any written data. If the readback is not successful after three writing operations, that sector of the device is eliminated as unacceptable for data storage. On an acceptable portion of the device, the probability of a satisfactory readback is \(0.98 .\) Assume the readbacks are independent. What is the probability that an acceptable portion of the device is eliminated as unacceptable for data storage?

If \(A, B,\) and \(C\) are mutually exclusive events, is it possible for \(P(A)=0.3, P(B)=0.4,\) and \(P(C)=0.5 ?\) Why or why not?

A computer system uses passwords that contain exactly eight characters, and each character is 1 of the 26 lowercase letters \((a-z)\) or 26 uppercase letters \((A-Z)\) or 10 integers \((0-9) .\) Let \(\Omega\) denote the set of all possible passwords, and let \(A\) and \(B\) denote the events that consist of passwords with only letters or only integers, respectively. Determine the number of passwords in each of the following events. a. \(\Omega\) b. \(A\) c. \(A^{\prime} \cap B^{\prime}\) d. Passwords that contain at least 1 integer e. Passwords that contain exactly 1 integer

A recreational equipment supplier finds that among orders that include tents, \(40 \%\) also include sleeping mats. Only \(5 \%\) of orders that do not include tents do include sleeping mats. Also, \(20 \%\) of orders include tents. Determine the following probabilities: a. The order includes sleeping mats. b. The order includes a tent given it includes sleeping mats.

A computer system uses passwords that are exactly seven characters, and each character is one of the 26 letters \((a-z)\) or 10 integers \((0-9)\). Uppercase letters are not used. a. How many passwords are possible? b. If a password consists of exactly 6 letters and 1 number, how many passwords are possible? c. If a password consists of 5 letters followed by 2 numbers, how many passwords are possible?

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