If a Coin Is Tossed Three Times, the Likelihood of Obtaining

question 31

Multiple Choice

If a coin is tossed three times, the likelihood of obtaining three heads in a row is

• A)zero
• B)0.500
• C)0.875
• D)0.125

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Definitions:

Unemployment

This indicates the condition of being jobless despite the willingness and capability to work, measured as a percentage of the labor force.

Health Maintenance Organizations

A type of health insurance plan that provides a network of doctors and hospitals for patient care, often with an emphasis on prevention and wellness.

Lower Wages

Reduced compensation for work performed, often relative to previous levels or compared to industry standards.

Unions

Organizations of workers that try to raise wages and improve working conditions for their members by bargaining collectively.