The Data Show the Total Number of Medals (Gold, Silver $$\begin{array} { c c c c c c c c c } 1 & 2 & 3 & 3 & 4 & 9 & 9 & 11 & 11 \\11 & 14 & 14 & 19 & 22 & 23 & 24 & 25 & 29\end{array}$$

question 84

Essay

The data show the total number of medals (gold, silver, and bronze) won by each country winning at least one gold medal in the Winter Olympics. Suppose that one of the countries represented is chosen at random and the total numbers of medals won by that country is noted.
$$\begin{array} { c c c c c c c c c } 1 & 2 & 3 & 3 & 4 & 9 & 9 & 11 & 11 \\11 & 14 & 14 & 19 & 22 & 23 & 24 & 25 & 29\end{array}$$
a. List the sample points for this experiment.
b. Find the probability of each sample point.
c. What is the probability that the country won at least 20 total medals?

Prepare adjusting journal entries for end-of-period adjustments.

Understand the concept and importance of adjusting entries in the accounting process.

Grasp the principles governing revenue and expense recognition, including the matching and expense recognition principles.

Comprehend the process and rationale behind depreciation and its impact on financial statements.

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