Question
Identify each of the following phenomena as random or not: The last digit of your phone number You draw a 10 from a well-shuffled deck
Identify each of the following phenomena as random or not:
- The last digit of your phone number
- You draw a 10 from a well-shuffled deck of 52 cards
- Your date of birth
- You roll a six-sided die that has one to six spots on each side
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An Introduction to the Mathematics of Financial Derivatives
Authors: Ali Hirsa, Salih N. Neftci
3rd edition
012384682X, 978-0123846822
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