Solve the Problem. -Find the Probability of Having 4 Girls in a 4-Child

question 37

Multiple Choice

Solve the problem.
-Find the probability of having 4 girls in a 4-child family.

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Definitions:

Normal Good

A product whose demand increases when people's incomes increase, and falls when incomes decrease, all else being equal.

Olives Price

The market price at which olives are bought and sold, which can vary based on factors such as quality, origin, and market demand.

Inferior Good

A type of good for which demand decreases as the income of consumers increases, opposite to normal goods.

Income Decreases

A situation where individuals or households experience a reduction in earnings, affecting their purchasing power and economic stability.