A Computer Randomly Generates a Password That Is 6 Entries

question 51

Short Answer

A computer randomly generates a password that is 6 entries long. The password is 3 letters followed by 3 numbers with repetitions of numbers and/or letters permitted. What is the probability that the computer will generate a password for Kara that has the same three letters followed by the same three numbers, such as GGG444?

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Definitions:

Demand for Wine

The desire or consumers' willingness to purchase wine at a given price level.

Cournot Duopolists

Refers to a market structure where two firms compete with each other by independently choosing production levels to maximize profit, assuming the other's output level as given.

Imports

Products or services imported from foreign countries for the purpose of sale.

Reaction Function

A formula or strategy that describes how one player in a game reacts to the actions of another player, often used in the context of economic models of competition.