A Fair Coin Is Tossed Four Times

question 36

Multiple Choice

A fair coin is tossed four times. What is the probability that the sequence of tosses is HHTT?

• A)0.038
• B)0.125
• C)0.0625
• D)0.25

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Definitions:

Liability

Financial obligations or debts that a company owes, which are settled over time through the transfer of economic benefits including money, goods, or services.

Trial Balance

A report that lists all the balances of the general ledger accounts to check the correctness of bookkeeping entries.

Entry Posted

The action of recording an accounting entry in the ledger, which finalizes the transaction and makes it part of the financial records.

Debit

A bookkeeping record that causes assets to go up or liabilities to go down on a firm's balance sheet.