BUS-352 Module 3 DQ 2 - Marie claims she can predict the sex of pregnant women's babies…...
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BUS-352 Module 3 DQ 2
Business Statistics - Probability
Grand Canyon University
Marie claims she can predict the sex of pregnant women's babies. She sees 1,000 women a year, and she always predicts a female. She charges $1,000 for a prediction, and she always predicts a female (although clients do not know that). When she is wrong, she offers a double-your-money back guarantee. Since the chance of having a female is approximately 50%, how can she earn any money?