Concept explainers
Identity Theft with Credit Cards Credit card numbers typically have 16 digits, but not all of them are random.
a. What is the
b. Receipts often show the last four digits of a credit card number. If only those last four digits are known, what is the probability of randomly generating the other digits of your MasterCard number?
c. Discover cards begin with the digits 6011. If you know that the first four digits are 6011 and you also know the last four digits of a Discover card, what is the probability of randomly generating the other digits and getting all of them correct? Is this something to worry about?
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Elementary Statistics Plus MyLab Statistics with Pearson eText -- Title-Specific Access Card Package (13th Edition)
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