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An ATM personal identification number (PIN) consists of four digits, each a\({\rm{0, 1, 2, \ldots 8, or 9}}\), in succession.

a. How many different possible PINs are there if there are no restrictions on the choice of digits?

b. According to a representative at the author’s local branch of Chase Bank, there are in fact restrictions on the choice of digits. The following choices are prohibited: (i) all four digits identical (ii) sequences of consecutive ascending or descending digits, such as \({\rm{6543}}\) (iii) any sequence starting with \({\rm{19}}\) (birth years are too easy to guess). So, if one of the PINs in (a) is randomly selected, what is the probability that it will be a legitimate PIN (that is, not be one of the prohibited sequences)?

c. Someone has stolen an ATM card and knows that the first and last digits of the PIN are \({\rm{8}}\) and\({\rm{1}}\), respectively. He has three tries before the card is retained by the ATM (but does not realize that). So, he randomly selects the \({\rm{2nd and 3rd}}\) digits for the first try, then randomly selects a different pair of digits for the second try, and yet another randomly selected pair of digits for the third try (the individual knows about the restrictions described in (b) so selects only from the legitimate possibilities). What is the probability that the individual gains access to the account?

d. Recalculate the probability in (c) if the first and last digits are \({\rm{1}}\) and \({\rm{1}}\), respectively.

Short Answer

Expert verified

a) The possible PIN’s are

b) The probability is \({\rm{0}}{\rm{.9876}}\).

c) The probability is \({\rm{0}}{\rm{.03}}\).

d) The probability is \({\rm{0}}{\rm{.0337}}\).

Step by step solution

01

Definition

The term "probability" simply refers to the likelihood of something occurring. We may talk about the probabilities of particular outcomes—how likely they are—when we're unclear about the result of an event. Statistics is the study of occurrences guided by probability.

02

Calculating possible PIN’s

(a):

Since there are no restrictions, and we have total of \({\rm{10}}\) digits, by using the rule:

Product Rule for k-Tuples

Assume that we can select first element of an ordered pair in \({{\rm{n}}_{\rm{1}}}\)ways, and that for cash selected clement we can select the second element in \({{\rm{n}}_{\rm{2}}}\)ways, then we have the number of pairs to be\({{\rm{n}}_{\rm{1}}}{{\rm{n}}_{\rm{2}}}\).

Similarly, for ordered collection of \({\rm{k}}\)elements, where the \({{\rm{k}}^{{\rm{th }}}}\)can be chosen in \({{\rm{n}}_{\rm{k}}}\)ways, then there are \({{\rm{n}}_{\rm{1}}}{{\rm{n}}_{\rm{2}}}{\rm{* \ldots *}}{{\rm{n}}_{\rm{k}}}\)possible \({\rm{k}}\)-tuples.

There are\({\rm{10*10 \ldots *10 = 1}}{{\rm{0}}^{\rm{4}}}{\rm{ = 10,000}}\)possible four-digit PINs.

03

Calculating the probability

b)

To calculate the probability that it will be a legitimate PIN, we want to use

\({\rm{P(A) = }}\frac{{{\rm{\# of favorable outcomes in A}}}}{{{\rm{\# of outcomes in the sample space }}}}\)

where we need to find # of favorable outcomes in \({\rm{A}}\) and \({\rm{\# }}\) of outcomes in the sample space.

Number of outcomes in the sample space is\({\rm{10,000}}\), as we have calculated in (a).

To calculate the number of favorable outcomes, we will subtract from \({\rm{10,000}}\)the number of prohibited PINs.

(i): all four digits identical - there are \({\rm{10}}\) PINs with all digits identical:

\({\rm{0000,1111, \ldots ,9999}}\)

(ii): sequences of consecutive ascending or descending digits - there are

\({\rm{0123,1234,2345,3456,4567,5678,6789,7890,3210,4321,5432,6543,7654,8765,9876,0987,}}\)which makes it total of \({\rm{14}}\)PINs.

04

Calculating the probability

(iii): any sequence starting with - all PINs from \({\rm{1900}}\) to\({\rm{1999}}\), there are total of\({\rm{100}}\).

The number of prohibited PINs is

\({\rm{10 + 14 + 100 = 124}}\)

which makes the number of favorable outcomes (PINs)

\({\rm{10,000 - 124 = 9,876}}\)

The probability is therefore

\(\begin{array}{c}{\rm{P(A) = }}\frac{{{\rm{\# of favorable outcomes in A}}}}{{{\rm{\# of outcomes in the sample space }}}}\\{\rm{ = }}\frac{{{\rm{9,876}}}}{{{\rm{10,000}}}}\\{\rm{ = 0}}{\rm{.9876}}\end{array}\)

05

Calculating the probability

c)

Notice that even with the restrictions, PINs starting with \({\rm{8}}\) and ending with \({\rm{1}}\) in between could have any of the \({\rm{10}}\) digits, therefore there are

\({\rm{10*10 = 100}}\)

not prohibited PINs which starts with \({\rm{8}}\) and ends with \({\rm{1}}\) . Since we select only \({\rm{3}}\) of those \({\rm{100}}\)combinations the probability of guessing right is

\(\frac{{\rm{3}}}{{{\rm{100}}}}{\rm{ = 0}}{\rm{.03}}\)

Therefore, the probability is \({\rm{0}}{\rm{.03}}\).

06

Calculating the probability

d)

There are a couple of prohibited PINs:

\({\rm{1111,1901,1911,1921, \ldots 1991}}\)

which makes it total of \({\rm{1 + 10 = 11}}\) prohibited PINs, or \({\rm{100 - 11 = 89}}\) possibilities. Since we assume that the individuals know about the restrictions, out of three guess he has

\(\frac{{\rm{3}}}{{{\rm{89}}}}{\rm{ = 0}}{\rm{.0337}}\)

probability to guess right.

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