What Is the Probability of a Couple Having Three Children

question 59

Multiple Choice

What is the probability of a couple having three children in the following order: girl,girl,girl?

• A).0625
• B).125
• C).25
• D).50

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Definitions:

Monthly Payments

Regular payments made each month, typically in the context of loans or leases.

Lump Sum

A one-time payment executed at a specific moment, rather than numerous smaller payments or installments.

Monthly

Pertaining to something that occurs, is done, or is calculated on a monthly basis.

Compounded Semi-Annually

Interest calculation method where interest is added to the principal balance twice a year, leading to exponential growth of the investment.