Find the Indicated Probability

question 59

Multiple Choice

Find the indicated probability. Find the probability that 3 randomly selected people all have the same birthday. Ignore leap years. Round to eight decimal places.

• A) 0.0082
• B) 0.3333
• C) 0.00000751
• D) 0.00000002

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Definitions:

Work in Process

Inventory of unfinished goods in production, representing materials that have been partially transformed into final products but are not yet complete.

Actual Costs

The actual expenses incurred in manufacturing a product or delivering a service, including all direct and indirect costs.

Manufacturing Overhead

All indirect costs associated with manufacturing, including costs related to operating the factory that are not directly tied to producing specific products.

Raw Materials

Basic materials that are used in the production process as inputs for manufacturing finished goods.