Use Technology to Develop a Simulation of the Given Problem

question 2

Essay

Use technology to develop a simulation of the given problem (100 trials). simulation, then estimate the probability based on its results.
The probability of getting at least two boys in a family of seven children.

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Definitions:

Billable Hours

The amount of an employee's work time that can be charged to a client, commonly used in professional services like law and consulting.

Net Income

The profit of a company after all expenses, taxes, and costs have been deducted from total revenue.

Profit Sharing

A compensation scheme where employees receive a portion of the company's profit, in addition to their regular salary.

Capital Balance

The amount of money an owner has invested in a business plus any retained earnings or minus any losses.