Use Technology to Develop a Simulation of the Given Problem

question 115

Essay

Use technology to develop a simulation of the given problem (100 trials). Describe the simulation, then estimate the
probability based on its results.
The probability that when 75 people are surveyed, at least five of them have the same birth date. (Ignore leap years.)

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Definitions:

Debit Columns

Sections in accounting journals or ledgers where debits are recorded, used for increasing asset and expense accounts and decreasing liability, equity, and revenue accounts.

Adjusting Journal Entries

Entries made in the accounting records to correct any discrepancies or to make non-cash adjustments.

Wages Expense

The total cost incurred by an employer for paying the hourly earnings of its employees.

Wages Payable

The total amount of wages earned by employees that the company has not yet paid.