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zappos.com. Zappos.com is an American online shoe and clothing retailer based in Las Vegas, Nevada, United States. [1] The company was founded in 1999 by Nick Swinmurn and launched under the domain name Shoesite.com. In July 2009, Amazon acquired Zappos in an all-stock deal worth around $1.2 billion at the time.
Let time T be the number of draws needed to collect all n coupons, and let ti be the time to collect the i -th coupon after i − 1 coupons have been collected. Then . Think of T and ti as random variables. Observe that the probability of collecting a new coupon is . Therefore, has geometric distribution with expectation . By the linearity of expectations we have:
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Payless ShoeSource Worldwide, LLC [3] (formerly known as Payless ShoeSource Inc. ), is an American multinational discount footwear chain. Established in 1956 by cousins Louis and Shaol Pozez, Payless was a privately held company owned by Blum Capital, and Golden Gate Capital. In 1961, it became a public company as the Volume Shoe Corporation, which merged with The May Department Stores Company ...
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