Find the Indicated Probability $\frac { 5 } { 16 }$

question 173

Multiple Choice

Find the indicated probability. Round your answer to 6 decimal places when necessary.
-A family has five children. The probability of having a girl is 0.5. What is the probability of having 3 girls followed by 2 boys?

• A) \(\frac { 5 } { 16 }\)
• B) \(\frac { 1 } { 32 }\)
• C) \(\frac { 1 } { 16 }\)
• D) \(\frac { 1 } { 120 }\)

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Definitions:

Rate of Return

The profit or deficit generated from an investment during a defined timeframe, represented as a percentage of the investment's initial value.

Insurance Settlement

An insurance settlement is the payment made by an insurance company to a claimant, policyholder, or a designated recipient as compensation for a covered loss or policy event.

Interest Rate

The percentage charged or paid for the use of money on a yearly basis.

Guaranteed

A commitment or assurance, often by a third party, that certain conditions will be fulfilled, including payments or the performance of contractual obligations.