1. An experiment consists of observing the genders and birth orders in three-child families. Assume all eight...

Question:

1. An experiment consists of observing the genders and birth orders in three-child families. Assume all eight outcomes have the same probability of occurring.
(a) What is the probability that a family has at least two boys?
(b) What is the probability that the oldest child is a girl?
2. The given table shows the results from The American Freshman: National Norms Fall 2015 when the question "From what kind of high school did you graduate?" was posed to 141,000 college freshmen. Consider the experiment of selecting a student at random from the group surveyed and observing his or her answer. Determine the probability for this experiment.
Kind of High School ............... Number of Freshmen
Public ..................................... 115,620
Private ...................................... 24,252
Home school ................................ 1128
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...