Assuming the Outcomes Are All Equally Likely, What Is the Probability

question 31

Multiple Choice

Assuming the outcomes are all equally likely, what is the probability that you will get exactly three heads when you toss a coin five times?

• A)0.60
• B)0.31
• C)0.30
• D)0.50
• E)none of these choices

---

Definitions:

Cyclical Unemployment

Unemployment caused by the cyclical trends in the economy, typically increasing during recessions and decreasing during periods of economic growth.

Overall Unemployment Rate

The amount of the workforce that remains unemployed and is actively on the lookout for employment.

Cyclical Unemployment

Unemployment that results from economic downturns or recessions, characterized by a lack of demand for goods and services.

Unemployment Insurance

A government program that provides financial assistance to individuals who are unemployed through no fault of their own, offering temporary income support.