The following probability model shows the distribution of family structure among families with at least one child

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The following probability model shows the distribution of family structure among families with at least one child younger than 18 years of age in 2013.

Family Structure Probability

Two married parents, first marriage..............................0.46

Two married parents, one or both remarried.....................0.15

Single parent..........................................................0.34

No parent at home...................................................0.05

(a) Verify that this is a probability model.

(b) What is the probability that a randomly selected family with at least one child younger than 18 years of age in 2013 had two married parents in their first marriage? Interpret this probability.

(c) What is the probability that a randomly selected family with at least one child younger than 18 years of age in 2013 had two married parents? Interpret this probability.

(d) What is the probability that a randomly selected family with at least one child younger than 18 years of age in 2013 had at least one parent at home? Interpret this probability.

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...
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