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The probability that a mother in the top third of the income distribution will have a daughter in a top third of the income distribution
The probability that a mother in the top third of the income distribution will have a daughter in a top third of the income distribution equals 0.5. What is the probability that the grand daughter (along the maternal line) of a woman in the top third of the income distribution will herself be in the top third of the income distribution?
a. 0.25
b. 1
C. 0.75
d. 0.5
Give proper calculation with explaination...step by step thank you
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