As an ice-breaker on the first day of analytics class with 25 students in attendance, a professor

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As an ice-breaker on the first day of analytics class with 25 students in attendance, a professor announces that a free textbook will be awarded to any students who share a birthday (month and day, not necessarily same year). Assume the probability of any student being born on any particular day is 1 in 365 (neglecting leap years).

a. Construct a simulation model to estimate the probability that there is at least one pair of students sharing the same birthday.

b. What is a 95% confidence interval on the probability provided in part (a)?


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Business Analytics

ISBN: 9780357902219

5th Edition

Authors: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann

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