What Is the Probability of Winning Four Games in a Row

question 4

Multiple Choice

What is the probability of winning four games in a row, if the probability of winning each game individually is 1/2?

• A) 1/4
• B) 1/8
• C) 1/2
• D) 3/16
• E) 1/16

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Definitions:

Perfection

The series of legal steps a secured party takes to protect its right in collateral from other creditors that want to have their debts returned through the same collateral.

Possession

The act of having or holding property in one's control; this can range from ownership of land to possession of items or goods.

Security Agreement

An agreement in which a debtor gives a secured interest to a secured party.

Collateral

The property that is subject to a secured interest.