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

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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