Ignoring Twins and Other Multiple Births,assume Babies Born at a Hospital

question 74

Multiple Choice

Ignoring twins and other multiple births,assume babies born at a hospital are independent events with the probability that a baby is a boy and the probability that a baby is a girl both equal to 0.5.Define event B = {at least one of the next two babies is a boy}.What is the probability of the complement of event B?

• A)0.125
• B)0.250
• C)0.375
• D)0.500

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Definitions:

Direct Material Used

Direct material used involves the consumption of raw materials that are transformed into and directly identifiable with the finished product in the manufacturing process.

Variable Manuf. Overhead

Variable manufacturing overhead refers to the indirect costs that change with the level of production, such as utilities for the manufacturing plant.

Labour Efficiency Variance

The difference between the actual hours worked and the standard hours expected to produce a certain number of units, valued at the standard labor rate.

Direct Labour Cost

The wages and salaries paid to workers who are directly involved in the production of goods or services.