What is the probability that his sibling is female

Assignment Help Finance Basics
Reference no: EM131000644

An exchange student from Switzerland, who is male, has been assigned to be your partner in an introductory psychology class. As part of a class assignment, he responds to your question about his family by stating only that he comes from a family of two children, without specifying whether he is the older or the younger. What is the probability that his sibling is female? Assume equal probability of hav- ing a boy or girl. Why does this result seem counterintuitive at ?rst?

Reference no: EM131000644

Questions Cloud

Prove the quotient map : Prove the quotient map π : G → G/N is a continuous group-homomorphism. Suppose π: G → G/N is the quotient map and B ⊂ G is an arbitrary set. Prove that π-1(π(B)) = BN. Thus conclude π is an open map
Probability that this series system functions : A system consisting of two components A and B that are connected in se- ries functions if both of them function. If P (A), the probability that component A functions, is 0.99, and the probability that component B functions is 0.90, ?nd th..
What is the value of the capacitance : I have an ideal, air-filed, parallel plate capacitor that has a charge of magnitude 25 muC when the voltage across et is 4.0 V. What is the value of the capacitance?
Hotel rooms at the mgm grand and airline trips : Suppose the MGM Grand is currently charging $150 per night to stay at the hotel; average household income is $50,000 (its initial value); and the Luxor charges $150 per night (its initial value). If the price of an airline ticket from LAX to LAS were..
What is the probability that his sibling is female : What is the probability that his sibling is female? Assume equal probability of hav- ing a boy or girl. Why does this result seem counterintuitive at ?rst?
State whether rasul correctly accounted : State whether Rasul correctly accounted for each of the above transactions. Give the reason for your answer.
If they both produce a suspense film : Studio 1 and Studio 2 are movie producers. They have the option of producing either a romance or a suspense film. If they both produce a romance film, they make $900m in profit. If they both produce a suspense film
Probability of having a third boy : Now consider the conjecture (based on empirical data) that, for a family that has already had two boys in a row, the probability of having a third boy is 0.8. Under these conditions, what is now the probability of a family having three boys in a r..
Discuss whether you are for or against free trade : Discuss whether you are for or against free trade. Start by explaining what it is and who does and does not benefit from it. Use real life examples to explain your case.

Reviews

Write a Review

Finance Basics Questions & Answers

  Explain portfolio management

Explain Portfolio management - Forex Using the currency exposures and exchange rates given above

  5 million of debt outstanding with a coupon rate of 12

5 million of debt outstanding with a coupon rate of 12. currently the yield to maturity on these bonds is 14 what is

  Calculate the annual dollar fees paid by client 1 which has

cmd asset management has the following fee structure for clients in its equity fund1.00 of first 5 million invested0.75

  Process for distribution policy and dividend policy

Discuss all the factors that influence this decision process in question. * From the e-Activity, contrast the differences between a stock dividend and a stock split. Imagine that you are a stockholder in a company.

  Strategies for testing internal controls

Discuss and explain three strategies for testing internal controls when information technology is used for significant accounting processing.

  Explain why financial statements are important to the

explain why financial statements are important to the decision-making process in financial analysis. also identify and

  What is the target share price five years from now

Davis, Inc., currently has an EPS of $1.20 and an earnings growth rate of 5 percent. If the benchmark PE ratio is 17, what is the target share price five years from now?

  Option represents one share of stock

Suppose you buy a call with a strike price of $40, write a call with a strike price of $50, write a put with a strike price of $40, and buy a put with a strike price of $50.  What is the total payoff (not profit) if the stock price is $53.67 a..

  Has your company made a gain or a loss

By the end of the month, it has unexpectedly dropped to 94 cents. Has your company made a gain or a loss as a result, and by how much?

  Find the value of stock

Suppose that a firm's stock is currently priced at $24.50, its last dividend was $1.55, and you think that the company is capable of 8% growth indefinitely.

  Calculate the value of the guarantee to the firm

A large firm received a loan guarantee from the government. Due to the guarantee, the firm can borrow $50 million for five years at 8% interest rate per year instead of 10% per year. Calculate the value of the guarantee to the firm.

  Suppose we are analyzing firm x firm x is financed with

suppose we are analyzing firm x. firm x is financed with both equity and debt and will exist for only one year. if the

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd