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In: Economics

A fair coin will be tossed three times. (a) Indicating a head by H and a...

A fair coin will be tossed three times.

(a) Indicating a head by H and a tail by T write down the outcome space.

(b) What is the probability that on the first toss the outcome with a tail?

(c) What is the probability of obtaining exactly two heads from the three coin tosses?

(d) What is the probability that the first toss gives a tail and exactly two heads are obtained from the three coin tosses? Are the outcomes from parts (b) and (c) independent.

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