Flip a Coin Twice

question 44

Multiple Choice

Flip a coin twice. Create the sample space of possible outcomes

• A) {HH, TT, HT, HT}
• B) {HH, HT, TH, TT}
• C) {HH, HT, TT}
• D) {HT, TH}

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Definitions:

Real GDP Per Person

Gross Domestic Product adjusted for inflation and divided by the total population; a measure of the economic output per resident.

Human Capital

The collective skills, knowledge, expertise, and other attributes embodied in individuals that contribute to their economic productivity.

Physical Capital

The stock of equipment and structures that are used to produce goods and services.

Capital Per Worker

The amount of capital (tools, machinery, and equipment) available per employee, affecting the productivity and efficiency of labor.