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Simulation Model
| 1. | State the problem. |    
| 2. | Define a simple event. |  
| 3. | State the underlying probabilities. |  
| 4. | Select a model. |  
| 5. | Define and conduct a trial. |  
| 6. | Record observation of interest. |  
| 7. | Repeat 50 (or more times). |  
| 8. | Summary and conclusions. |  
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