Maurice Tutor

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Category > Management Posted 24 Jan 2018 My Price 8.00

ATM personal identification number

An ATM personal identification number (PIN) consists of four digits, each a 0, 1, 2,… 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 6543 (iii) any sequence start ing with 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 8 and 1, respectively. He has three tries before the card is retained by the ATM (but does not realize that). So he randomly selects the 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 1 and 1, respectively.

 

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Jan 2018 10:01 PM My Price 8.00

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