Use the Special Multiplication Rule to Find the Indicated Probability

question 124

Multiple Choice

Use the special multiplication rule to find the indicated probability.
-Find the probability that 3 randomly selected people have the same birthday. Ignore leap years.

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

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Definitions:

Product Costs

The costs directly connected to the creation of a product, including materials, labor, and manufacturing overhead.

Period Costs

Expenses that are not directly tied to the production process and are expensed in the period in which they are incurred, such as selling and administrative costs.

Direct Manufacturing Cost

Expenses directly related to the production of goods, including labor and materials.

Incremental Manufacturing Cost

The extra expense associated with manufacturing an additional unit of a product.