Understanding The Problem
The key to solving the problem is understanding that it takes very little time to collect the first few coupons. On the other hand, it takes a long time to collect the last few coupons. In fact, for 50 coupons, it takes on average 50 trials to collect the very last coupon after the other 49 coupons have been collected. This is why the expected time to collect all coupons is much longer than 50. The idea now is to split the total time into 50 intervals where the expected time can be calculated.
Read more about this topic: Coupon Collector's Problem
Famous quotes containing the word problem:
“Theology, I am persuaded, derives its initial impulse from a religious wavering; for there is quite as much, or more, that is mysterious and calculated to awaken scientific curiosity in the intercourse with God, and it [is] a problem quite analogous to that of theology.”
—Charles Sanders Peirce (1839–1914)