I am comparing the actual probability of no collisions to the probability approximation formula of no collisions from the Understanding Cryptography text.
The approximation is as follows:
$$P(\mathtt{no\ collisions}) = \exp\left(\frac{-t(t-1)}{2}\right)\cdot2^n $$
I know that $t$ represents the number of elements but I am confused about the denominator. The text says that $n$ is the output width of $h()$. I don't really understand this. Does this mean that for lets say the Birthday Paradox, $n = 365$? So the denominator would be $2\cdot2^{365}$?