Given Equal Probabilities of the Birth of a Boy or Girl

question 31

Multiple Choice

Given equal probabilities of the birth of a boy or girl, what is the probability that a group of four siblings includes all boys? All girls? All boys or all girls?

• A)1/8; 1/16; 3/8
• B)1/16; 1/8; 3/8
• C)1/16; 1/16; 1/64
• D)1/16; 1/16; 1/8

Understand the social and environmental factors that contribute to stress in minority groups.

Understand prevention strategies for managing psychological disorders.

Understand the role of HR in supporting various organizational strategies.

Identify the unique human resource management challenges associated with different corporate strategies.

---

Definitions:

Demand Curve

A representation that shows the quantity of a particular good or service that consumers are willing and able to purchase at various prices.

Government Intervention

Actions taken by the government to influence or directly control economic or market conditions.

External Costs

Costs incurred by third parties who are not involved in a transaction, often leading to market failure if not properly accounted for.

Perfect Information

A market condition where all participants have complete and identical information about the product, including its price and quality.