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II. Basics of probability 1. Do you agree with the following reasoning: I have won the Lottery today. Now, I will stop gambling since my

II. Basics of probability 1. Do you agree with the following reasoning: "I have won the Lottery today. Now, I will stop gambling since my chances have shrunk away. The probability of winning two times a year is extremely low". Explain. 2. Consider a family that has 4 children. Assume that the probability for a son equals 0.51. What is the probability that the family has 0, 1, 2, 3 and 4 boys? Make the sum of the probabilities found

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