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

question 80

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.What is the probability that at least one of the next three babies is a boy?

• A)0.125
• B)0.333
• C)0.750
• D)0.875

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Definitions:

Priority

The status of having precedence or more importance in comparison to other issues or tasks.

Unsecured Liabilities

Obligations or debts that are not protected by collateral, meaning the lender does not have claims on specific assets of the borrower if the debt is not repaid.

Non-Priority

A designation for debts or considerations that are deemed less important and hence are lower in the order of settlement or attention compared to priority ones.

Total Liabilities

The sum of all financial obligations (debts) owed by a company to external parties, recorded on its balance sheet.