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Hello. Allow me introduce the writer. Her title is Refugia Shryock. To gather coins is what his family and him enjoy. California is exactly where her house is but she requirements to transfer simply because of her family. Bookkeeping is my occupation.<br><br>my web page; [http://www.buzzbit.net/blog/333162 over the counter std test]
The '''Boy or Girl paradox''' surrounds a well-known set of questions in [[probability theory]] which are also known as ''The Two Child Problem'',<ref name="gardner">{{cite book
|author=Martin Gardner
|title=The Second Scientific American Book of Mathematical Puzzles and Diversions
|publisher=Simon & Schuster
|year=1954
|isbn=978-0-226-28253-4
}}</ref> ''Mr. Smith's Children''<ref name="fox"/> and the ''Mrs. Smith Problem.'' The initial formulation of the question dates back to at least 1959<!-- keeping the ref because it could still be useful <ref name="reinhardt">{{cite journal
|title=Using simulation to resolve probability paradoxes
|author=Howard E. Reinhardt, Don O. Loftsgaarden
|doi=10.1080/0020739790100212
|journal= International Journal of Mathematical Education in Science and Technology
|volume=10
|year=1979
|pages=241
|issue=2
}}</ref>-->, when [[Martin Gardner]] published one of the earliest variants of the paradox in ''[[Scientific American]]''. Titled ''The Two Children Problem'', he phrased the paradox as follows:
*Mr. Jones has two children. The older child is a girl. What is the probability that both children are girls?
*Mr. Smith has two children. At least one of them is a boy. What is the probability that both children are boys?
 
Gardner initially gave the answers 1/2 and 1/3, respectively; but later acknowledged that the second question was ambiguous.<ref name="gardner">{{cite book
|author=Martin Gardner
|title=The Second Scientific American Book of Mathematical Puzzles and Diversions
|publisher=Simon & Schuster
|year=1961
|isbn=978-0-226-28253-4.
}}</ref> Its answer could be 1/2, depending on how you found out that one child was a boy. The ambiguity, depending on the exact wording and possible assumptions, was confirmed by Bar-Hillel and Falk,<ref name="Bar-Hillel and Falk"/> and Nickerson.<ref name="nickerson">{{cite book
| title=Cognition and Chance: The Psychology of Probabilistic Reasoning
| author=[[Raymond S. Nickerson]]
|date=May 2004
| publisher= [[Psychology Press]]
| isbn = 0-8058-4899-1
}}</ref>
 
Other variants of this question, with varying degrees of ambiguity, have been recently popularized by [[Ask Marilyn]] in [[Parade Magazine]],<ref name="marilyn">{{cite journal
|title=Ask Marilyn
|publisher=Parade Magazine
|date=October 13, 1991; January 5, 1992; May 26, 1996; December 1, 1996; March 30, 1997; July 27, 1997; October 19, 1997}}</ref> [[John Tierney (journalist)|John Tierney]] of [[The New York Times]],<ref name="tierney">{{cite news
|url=http://tierneylab.blogs.nytimes.com/2008/04/10/the-psychology-of-getting-suckered/
|title=The psychology of getting suckered
|publisher=The New York Times
|accessdate=24 February 2009
| first=John
| last=Tierney
| date=2008-04-10
}}</ref> and Leonard Mlodinow in ''Drunkard's Walk''.<ref name="drunkard">
{{cite book
|title=The Drunkard's Walk: How Randomness Rules our Lives
|publisher = Pantheon
|year = 2008
| isbn = 0-375-42404-0
| author = Leonard Mlodinow
}}</ref> One scientific study<ref name="fox"/> showed that when identical information was conveyed, but with different partially ambiguous wordings that emphasized different points, that the percentage of [[MBA]] students who answered 1/2 changed from 85% to 39%.
 
The paradox has frequently stimulated a great deal of controversy.<ref name="nickerson"/> Many people argued strongly for both sides with a great deal of confidence, sometimes showing disdain for those who took the opposing view. The paradox stems from whether the problem setup is similar for the two questions.<ref name="fox"/><ref name="drunkard"/> The intuitive answer is 1/2.<ref name="fox"/> This answer is intuitive if the question leads the reader to believe that there are two equally likely possibilities for the sex of the second child (i.e., boy and girl),<ref name="fox"/><ref name="oza">{{cite web
|id={{citeseerx|10.1.1.44.2448}}
|accessdate=25 February 2009
|title = On The Confusion in Some Popular Probability Problems
|author=Nikunj C. Oza
|year=1993
}}</ref> and that the probability of these outcomes is absolute, not [[Conditional probability|conditional]].<ref name="pjlaird">{{cite journal
|journal=Psychological Review
|title=Naive Probability: A Mental Model Theory of Extensional Reasoning
|author= P.J. Laird et al.
|year=1999
}}</ref>
 
==Common assumptions==
The two possible answers share a number of assumptions. First, it is assumed that the space of all possible events can be easily enumerated, providing an [[extensional definition]] of outcomes: {BB, BG, GB, GG}.<ref name="carlton"/> This notation indicates that there are four possible combinations of children, labeling boys B and girls G, and using the first letter to represent the older child. Second, it is assumed that these outcomes are equally probable.<ref name="carlton"/> This implies the following [[Model (abstract)|model]], a [[Bernoulli process]] with <math>p = 1/2</math>:
 
#Each child is either male or female.
#Each child has the same chance of being male as of being female.
#The sex of each child is independent of the sex of the other.
 
In reality, this is a rather inaccurate model,<ref name="carlton"/> since it ignores (amongst other factors) the fact that the [[Human sex ratio|ratio of boys to girls]] is not exactly 50:50, the possibility of identical twins (who are always the same sex), and the possibility of an [[intersex]] child. However, this problem is about probability and not biology. The mathematical outcome would be the same if it were phrased in terms of a [[Coin flipping|coin toss]].
 
==First question==
* Mr. Jones has two children. The older child is a girl. What is the probability that both children are girls?
 
Under the forementioned assumptions, in this problem, a random family is selected. In this sample space, there are four ''equally probable'' events:
 
{| class="wikitable"
|-
! Older child
! Younger child
|-
|Girl
|Girl
|-
|Girl
|Boy
|-
|<s> Boy</s>
|<s> Girl</s>
|-
|<s> Boy</s>
|<s> Boy</s>
|}
 
Only two of these possible events meet the criteria specified in the question (e.g., GG, GB). Since both of the two possibilities in the new sample space {GG, GB} are equally likely, and only one of the two, GG, includes two girls, ''the probability that the younger child is also a girl is 1/2.''
 
==Second question==
* Mr. Smith has two children. At least one of them is a boy. What is the probability that both children are boys?
 
This question is identical to question one, except that instead of specifying that the older child is a boy, it is specified that at least one of them is a boy. In response to reader criticism of the question posed in 1959, Gardner agreed that a precise formulation of the question is critical to getting different answers for question 1 and 2. Specifically, Gardner argued that a "failure to specify the randomizing procedure" could lead readers to interpret the question in two distinct ways:<!-- was:,<ref name="gardner"/> but there is nothing written about that, just the original problem text -->
* From all families with two children, at least one of whom is a boy, a family is chosen at random. This would yield the answer of 1/3.
* From all families with two children, one child is selected at random, and the sex of that child is specified.  This would yield an answer of 1/2.<ref name="Bar-Hillel and Falk">{{cite journal
|doi=10.1016/0010-0277(82)90021-X
|journal=Cognition
|year=1982
|volume=11
|issue=2
|pages=109–122
|author=Maya Bar-Hillel and Ruma Falk
|title=Some teasers concerning conditional probabilities
|pmid=7198956
}}</ref><ref name="nickerson"/>
 
Grinstead and Snell argue that the question is ambiguous in much the same way Gardner did.<ref name="Grinstead and Snell">{{cite web
|url=http://math.dartmouth.edu/~prob/prob/prob.pdf
|title = Grinstead and Snell's Introduction to Probability
|publisher = The CHANCE Project
|author = Charles M. Grinstead and J. Laurie Snell
}}</ref>
 
For example, if you see the children in the garden, you may see a boy. The other child may be hidden behind a tree. In this case, the statement is equivalent to the second (the child that you can see is a boy).
The first statement does not match as one case is one boy, one girl. Then the girl may be visible. (The first statement says that it can be either.)
 
While it is certainly true that every possible Mr. Smith has at least one boy - i.e., the condition is necessary - it is not clear that every Mr. Smith with at least one boy is intended. That is, the problem statement does not say that having a boy is a sufficient condition for Mr. Smith to be identified as having a boy this way.
 
Commenting on Gardner's version of the problem, Bar-Hillel and Falk <ref name="Bar-Hillel and Falk"/> note that "Mr. Smith, unlike the reader, is presumably aware of the sex of both of his children when making this statement", i.e. that 'I have two children and at least one of them is a boy.' If it is further assumed that Mr Smith would report this fact if it were true then the correct answer is 1/3 as Gardner intended.
 
==Analysis of the ambiguity==
If it is assumed that this information was obtained by looking at both children to see if there is at least one boy, the condition is both necessary and sufficient. Three of the four equally probable events for a two-child family in the sample space above meet the condition:
 
{| class="wikitable"
|-
! Older child
! Younger child
|-
|<s>Girl</s>
|<s>Girl</s>
|-
|Girl
|Boy
|-
|Boy
|Girl
|-
|Boy
|Boy
|}
 
Thus, if it is assumed that both children were considered while looking for a boy, the answer to question 2 is 1/3. However, if the family was first selected and ''then'' a random, true statement was made about the gender of one child (whether or not both were considered), the correct way to calculate the conditional probability is not to count the cases that match. Instead, one must add the probabilities that the condition will be satisfied in each case:<ref name = "Grinstead and Snell"/>
 
{| class="wikitable"
|-
!Older child
!Younger child
!P(this case)
!P("at least one boy" given this case)
!P(both this case, and "at least one boy")
|-
|Girl
|Girl
|1/4
|0
|0
|-
|Girl
|Boy
|1/4
|1/2
|1/8
|-
|Boy
|Girl
|1/4
|1/2
|1/8
|-
|Boy
|Boy
|1/4
|1
|1/4
|}
 
The answer is found by adding the numbers in the last column wherever you would have counted that case: (1/4)/(0+1/8+1/8+1/4)=1/2. Note that this is not necessarily the same as reporting the gender of a specific child, although doing so will produce the same result by a different calculation. For instance, if the younger child is picked, the calculation is (1/4)/(0+1/4+0+1/4)=1/2. In general, 1/2 is a better answer any time a Mr. Smith with a boy and a girl could have been identified as having at least one girl.
 
== Bayesian analysis ==
 
Following classical probability arguments, we consider a large ''urn'' containing two children. We assume equal probability that either is a boy or a girl. The three discernible cases are thus:
1. both are girls (GG) — with probability P(GG) = 0.25,   
2. both are boys (BB) — with probability of P(BB) = 0.25, and 
3. one of each (G.B) — with probability of P(G.B) = 0.50. These are the ''prior'' probabilities.
 
Now we add the additional assumption that "at least one is a boy" = B. Using [[Bayes' Theorem]], we find
 
P(BB|B) = P(B|BB) · P(BB) / P(B) = 1 · 1/4 / 3/4 = '''1/3'''.
 
where P(A|B) means "probability of A given B".
P(B|BB) = probability of at least one boy given both are boys = 1.
P(BB) = probability of both boys = 1/4 from the prior distribution.
P(B) = probability of at least one being a boy, which includes cases BB and G.B = 1/4 + 1/2 = 3/4.
 
Note that, although the natural assumption seems to be a probability of 1/2, so the derived value of 1/3 seems low, the actual "normal" value for P(BB) is 1/4, so the 1/3 is actually a bit ''higher''.
 
The paradox arises because the second assumption is somewhat artificial, and when describing the problem in an actual setting things get a bit sticky. Just how do we know that "at least" one is a boy? One description of the problem states that we look into a window, see only one child and it is a boy. This sounds like the same assumption. However, this one is equivalent to "sampling" the distribution (i.e. removing one child from the urn, ascertaining that it is a boy, then replacing). Let's call the statement "the sample is a boy" proposition "b". Now we have:
 
P(BB|b) = P(b|BB) · P(BB) / P(b) = 1 · 1/4 / 1/2 = '''1/2'''.
 
The difference here is the P(b), which is just the probability of drawing a boy from all possible cases (i.e. without the "at least"), which is clearly 0.5.
 
The Bayesian analysis generalizes easily to the case in which we relax the 50/50 population assumption. If we have no information about the populations then we assume a "flat prior", i.e. P(GG) = P(BB) = P(G.B) = 1/3. In this case the "at least" assumption produces the result P(BB|B) = 1/2, and the sampling assumption produces P(BB|b) = 2/3, a result also derivable from the [[Rule of Succession]].
 
== Martingale analysis ==
 
Suppose you had wagered that Mr Smith had two boys, and received fair odds. You paid $1 and you will receive $4 if he has two boys. We think of your wager as investment that will increase in value as good news arrives. What evidence would make you happier about your investment? Learning that at least one child out of two is a boy, or learning that at least one child out of one is a boy?
 
The latter is a priori less likely, and therefore better news. That is why the two answers cannot be the same.
 
Now for the numbers. If we bet on one child and win, the value of your investment has doubled. It must double again to get to $4, so the odds are 1 in 2.
 
On the other hand if we learn that at least one of two children is a boy, our investment increases as if we had wagered on this question. Our one dollar is now worth $4/3 dollars. To get to $4 we still have to increase our wealth threefold. So the answer is 1 in 3.
 
== Variants of the question ==
 
Following the popularization of the paradox by Gardner it has been presented and discussed in various forms. The first variant presented by Bar-Hillel & Falk <ref name="Bar-Hillel and Falk"/> is worded as follows:
* Mr. Smith is the father of two. We meet him walking along the street with a young boy whom he proudly introduces as his son. What is the probability that Mr. Smith’s other child is also a boy?
Bar-Hillel & Falk use this variant to highlight the importance of considering the underlying assumptions. The intuitive answer is 1/2 and, when making the most natural assumptions, this is correct. However, someone may argue that “...before Mr. Smith identifies the boy as his son, we know only that he is either the father of two boys, BB, or of two girls, GG, or of one of each in either birth order, i.e., BG or GB. Assuming again independence and equiprobability, we begin with a probability of 1/4 that Smith is the father of two boys. Discovering that he has at least one boy rules out the event GG. Since the remaining three events were equiprobable, we obtain a probability of 1/3 for BB.”<ref name="Bar-Hillel and Falk"/>
 
The natural assumption is that Mr. Smith selected the child companion at random. If so, as combination BB has twice the probability of either BG or GB of having resulted in the boy walking companion (and combination GG has zero probability, ruling it out), the union of events BG and GB becomes equiprobable with event BB, and so the chance that the other child is also a boy is 1/2. Bar-Hillel & Falk, however, suggest an alternative scenario. They imagine a culture in which boys are invariably chosen over girls as walking companions. In this case, the combinations of BB, BG and GB are assumed ''equally'' likely to have resulted in the boy walking companion, and thus the probability that the other child is also a boy is 1/3.
 
In 1991, [[Marilyn vos Savant]] responded to a reader who asked her to answer a variant of the Boy or Girl paradox that included beagles.<ref name="marilyn"/> In 1996, she published the question again in a different form. The 1991 and 1996 questions, respectively were phrased:
* A shopkeeper says she has two new baby beagles to show you, but she doesn't know whether they're male, female, or a pair. You tell her that you want only a male, and she telephones the fellow who's giving them a bath. "Is at least one a male?" she asks him. "Yes!" she informs you with a smile. What is the probability that the other one is a male?
* Say that a woman and a man (who are unrelated) each has two children. We know that at least one of the woman's children is a boy and that the man's oldest child is a boy. Can you explain why the chances that the woman has two boys do not equal the chances that the man has two boys?
 
With regard to the second formulation Vos Savant gave the classic answer that the chances that the woman has two boys are about 1/3 whereas the chances that the man has two boys are about 1/2. In response to reader response that questioned her analysis vos Savant conducted a survey of readers with exactly two children, at least one of which is a boy. Of 17,946 responses, 35.9% reported two boys.<ref name="carlton">{{cite journal
|journal=The American Statistician
|title=Making Babies by the Flip of a Coin?
|author=Matthew A. CARLTON and William D. STANSFIELD
|year=2005
}}</ref>
 
Vos Savant's articles were discussed by Carlton and Stansfield<ref name="carlton"/> in a 2005 article in ''The American Statistician''. The authors do not discuss the possible ambiguity in the question and conclude that her answer is correct from a mathematical perspective, given the assumptions that the likelihood of a child being a boy or girl is equal, and that the sex of the second child is independent of the first. With regard to her survey they say it "at least validates vos Savant’s correct assertion that the “chances” posed in the original question, though similar-sounding, are different, and that the first probability is certainly nearer to 1 in 3 than to 1 in 2."
 
Carlton and Stansfield go on to discuss the common assumptions in the Boy or Girl paradox. They demonstrate that in reality male children are actually more likely than female children, and that the sex of the second child is not independent of the sex of the first. The authors conclude that, although the assumptions of the question run counter to observations, the paradox still has pedagogical value, since it "illustrates one of the more intriguing applications of conditional probability."<ref name="carlton"/> Of course, the actual probability values do not matter; the purpose of the paradox is to demonstrate seemingly contradictory logic, not actual birth rates.
 
=== Information about the child ===
 
Suppose we were told not only that Mr. Smith has two children, and one of them is a boy, but also that the boy was born on a Tuesday: does this change our previous analyses? Again, the answer depends on how this information comes to us - what kind of selection process brought us this knowledge.
 
Following the tradition of the problem, let us suppose that out there in the population of two-child families, the sex of the two children is independent of one another, equally likely boy or girl, and that each child is independently of the other children born on any of the seven days of the week, each with equal probability 1/7. In that case, the chance that a two child family consists of two boys, one (at least) born on a Tuesday, is equal to 1/4 (the probability of two boys) times one minus 6/7 squared = 1 - 36/49 = 13/49 (one minus the probability that neither child is born on a Tuesday). 1/4 times 13/49 equals 13/196.
 
The probability that a two child family consists of a boy and a girl, the boy born on a Tuesday, equals 2 (boy-girl or girl-boy) times 1/4 (the two specified sexes) times 1/7 (the boy born on Tuesday) = 1/14. Therefore, among all two child families with at least one boy born on a Tuesday, the fraction of families in which the other child is a ''girl'' is 1/14 divided by the sum of 1/14 plus 13/196 = 0.5185185.
 
It seems that we introduced quite irrelevant information, yet the probability of the sex of the other child has changed dramatically from what it was before (the chance the other child was a girl was 2/3, when we didn't know that the boy was born on Tuesday).
 
This is still a bit bigger than a half, but close! It is not difficult to check that as we specify more and more details about the boy child (for instance: born on January 1), the chance that the other child is a girl approaches one half.
 
However, is it really plausible that our child family with at least one boy born on a Tuesday was delivered to us by choosing just one of such families at random? It is much more easy to imagine the following scenario. We know Mr. Smith has two children. We knock at his door and a boy comes and answers the door. We ask the boy on what day of the week he was born. Let's assume that which of the two children answers the door is determined by chance! Then the procedure was (1) pick a two-child family at random from all two-child families (2) pick one of the two children at random, (3) see it's a boy and ask on what day he was born. The chance the other child is a girl is 1/2. This is a very different procedure from (1) picking a two-child family at random from all families with two children, at least one a boy, born on a Tuesday. The chance the family consists of a boy and a girl is 0.5185815...
 
This variant of the boy and girl problem is discussed on many recent internet blogs and is the subject of a paper by Ruma Falk, [http://www.tandfonline.com/doi/abs/10.1080/13546783.2011.613690]. The moral of the story is that these probabilities don't just depend on the information we have in front of us, but on how we came by that information.
 
==Psychological investigation==
 
From the position of statistical analysis the relevant question is often ambiguous and as such there is no “correct” answer. However, this does not exhaust the boy or girl paradox for it is not necessarily the ambiguity that explains how the intuitive probability is derived. A survey such as vos Savant’s suggests that the majority of people adopt an understanding of Gardner’s problem that if they were consistent would lead them to the 1/3 probability answer but overwhelmingly people intuitively arrive at the 1/2 probability answer. Ambiguity notwithstanding, this makes the problem of interest to psychological researchers who seek to understand how humans estimate probability.
 
Fox & Levav (2004) used the problem (called the ''Mr. Smith problem'', credited to Gardner, but not worded exactly the same as Gardner's version) to test theories of how people estimate conditional probabilities.<ref name="fox">{{cite journal
|journal = [[Journal of Experimental Psychology]]
|year=2004
|volume=133
| issue =  4
|pages=626–642
|author = Craig R. Fox & Jonathan Levav
|title = Partition–Edit–Count: Naive Extensional Reasoning in Judgment of Conditional Probability
| pmid = 15584810
| doi = 10.1037/0096-3445.133.4.626
}}</ref> In this study, the paradox was posed to participants in two ways:
*"Mr. Smith says: 'I have two children and at least one of them is a boy.' Given this information, what is the probability that the other child is a boy?"
*"Mr. Smith says: 'I have two children and it is not the case that they are both girls.' Given this information, what is the probability that both children are boys?"
The authors argue that the first formulation gives the reader the mistaken impression that there are two possible outcomes for the "other child",<ref name="fox"/> whereas the second formulation gives the reader the impression that there are four possible outcomes, of which one has been rejected (resulting in 1/3 being the probability of both children being boys, as there are 3 remaining possible outcomes, only one of which is that both of the children are boys). The study found that 85% of participants answered 1/2 for the first formulation, while only 39% responded that way to the second formulation. The authors argued that the reason people respond differently to each question (along with other similar problems, such as the [[Monty Hall Problem]] and the [[Bertrand's box paradox]]) is because of the use of naive [[heuristics]] that fail to properly define the number of possible outcomes.<ref name="fox"/>
 
==See also==
*[[Monty Hall problem]]
*[[Necktie paradox]]
*[[Sleeping Beauty problem]]
*[[St. Petersburg paradox]]
*[[Two envelopes problem]]
 
==References==
<references/>
 
==External links==
* [http://mathforum.org/library/drmath/view/52186.html Boy or Girl: Two Interpretations]
* [http://www.mathpages.com/home/kmath036.htm At Least One Girl] at MathPages
* [http://www.cut-the-knot.org/bears.shtml A Problem With Two Bear Cubs]
* [http://www.cut-the-knot.org/carroll.shtml Lewis Carroll's Pillow Problem]
* [http://www.sciencenews.org/view/generic/id/60598/title/Math_Trek__When_intuition_and_math_probably_look_wrong When intuition and math probably look wrong]
* [http://finmathblog.blogspot.com/2013/07/the-boy-or-girl-paradox-martingale.html The Boy or Girl Paradox: A Martingale Perspective] at FinancialMathematics.com
{{DEFAULTSORT:Boy Or Girl Paradox}}
[[Category:Probability theory paradoxes]]
[[Category:Named probability problems]]

Revision as of 16:40, 16 January 2014

The Boy or Girl paradox surrounds a well-known set of questions in probability theory which are also known as The Two Child Problem,[1] Mr. Smith's Children[2] and the Mrs. Smith Problem. The initial formulation of the question dates back to at least 1959, when Martin Gardner published one of the earliest variants of the paradox in Scientific American. Titled The Two Children Problem, he phrased the paradox as follows:

  • Mr. Jones has two children. The older child is a girl. What is the probability that both children are girls?
  • Mr. Smith has two children. At least one of them is a boy. What is the probability that both children are boys?

Gardner initially gave the answers 1/2 and 1/3, respectively; but later acknowledged that the second question was ambiguous.[1] Its answer could be 1/2, depending on how you found out that one child was a boy. The ambiguity, depending on the exact wording and possible assumptions, was confirmed by Bar-Hillel and Falk,[3] and Nickerson.[4]

Other variants of this question, with varying degrees of ambiguity, have been recently popularized by Ask Marilyn in Parade Magazine,[5] John Tierney of The New York Times,[6] and Leonard Mlodinow in Drunkard's Walk.[7] One scientific study[2] showed that when identical information was conveyed, but with different partially ambiguous wordings that emphasized different points, that the percentage of MBA students who answered 1/2 changed from 85% to 39%.

The paradox has frequently stimulated a great deal of controversy.[4] Many people argued strongly for both sides with a great deal of confidence, sometimes showing disdain for those who took the opposing view. The paradox stems from whether the problem setup is similar for the two questions.[2][7] The intuitive answer is 1/2.[2] This answer is intuitive if the question leads the reader to believe that there are two equally likely possibilities for the sex of the second child (i.e., boy and girl),[2][8] and that the probability of these outcomes is absolute, not conditional.[9]

Common assumptions

The two possible answers share a number of assumptions. First, it is assumed that the space of all possible events can be easily enumerated, providing an extensional definition of outcomes: {BB, BG, GB, GG}.[10] This notation indicates that there are four possible combinations of children, labeling boys B and girls G, and using the first letter to represent the older child. Second, it is assumed that these outcomes are equally probable.[10] This implies the following model, a Bernoulli process with :

  1. Each child is either male or female.
  2. Each child has the same chance of being male as of being female.
  3. The sex of each child is independent of the sex of the other.

In reality, this is a rather inaccurate model,[10] since it ignores (amongst other factors) the fact that the ratio of boys to girls is not exactly 50:50, the possibility of identical twins (who are always the same sex), and the possibility of an intersex child. However, this problem is about probability and not biology. The mathematical outcome would be the same if it were phrased in terms of a coin toss.

First question

  • Mr. Jones has two children. The older child is a girl. What is the probability that both children are girls?

Under the forementioned assumptions, in this problem, a random family is selected. In this sample space, there are four equally probable events:

Older child Younger child
Girl Girl
Girl Boy
Boy Girl
Boy Boy

Only two of these possible events meet the criteria specified in the question (e.g., GG, GB). Since both of the two possibilities in the new sample space {GG, GB} are equally likely, and only one of the two, GG, includes two girls, the probability that the younger child is also a girl is 1/2.

Second question

  • Mr. Smith has two children. At least one of them is a boy. What is the probability that both children are boys?

This question is identical to question one, except that instead of specifying that the older child is a boy, it is specified that at least one of them is a boy. In response to reader criticism of the question posed in 1959, Gardner agreed that a precise formulation of the question is critical to getting different answers for question 1 and 2. Specifically, Gardner argued that a "failure to specify the randomizing procedure" could lead readers to interpret the question in two distinct ways:

  • From all families with two children, at least one of whom is a boy, a family is chosen at random. This would yield the answer of 1/3.
  • From all families with two children, one child is selected at random, and the sex of that child is specified. This would yield an answer of 1/2.[3][4]

Grinstead and Snell argue that the question is ambiguous in much the same way Gardner did.[11]

For example, if you see the children in the garden, you may see a boy. The other child may be hidden behind a tree. In this case, the statement is equivalent to the second (the child that you can see is a boy). The first statement does not match as one case is one boy, one girl. Then the girl may be visible. (The first statement says that it can be either.)

While it is certainly true that every possible Mr. Smith has at least one boy - i.e., the condition is necessary - it is not clear that every Mr. Smith with at least one boy is intended. That is, the problem statement does not say that having a boy is a sufficient condition for Mr. Smith to be identified as having a boy this way.

Commenting on Gardner's version of the problem, Bar-Hillel and Falk [3] note that "Mr. Smith, unlike the reader, is presumably aware of the sex of both of his children when making this statement", i.e. that 'I have two children and at least one of them is a boy.' If it is further assumed that Mr Smith would report this fact if it were true then the correct answer is 1/3 as Gardner intended.

Analysis of the ambiguity

If it is assumed that this information was obtained by looking at both children to see if there is at least one boy, the condition is both necessary and sufficient. Three of the four equally probable events for a two-child family in the sample space above meet the condition:

Older child Younger child
Girl Girl
Girl Boy
Boy Girl
Boy Boy

Thus, if it is assumed that both children were considered while looking for a boy, the answer to question 2 is 1/3. However, if the family was first selected and then a random, true statement was made about the gender of one child (whether or not both were considered), the correct way to calculate the conditional probability is not to count the cases that match. Instead, one must add the probabilities that the condition will be satisfied in each case:[11]

Older child Younger child P(this case) P("at least one boy" given this case) P(both this case, and "at least one boy")
Girl Girl 1/4 0 0
Girl Boy 1/4 1/2 1/8
Boy Girl 1/4 1/2 1/8
Boy Boy 1/4 1 1/4

The answer is found by adding the numbers in the last column wherever you would have counted that case: (1/4)/(0+1/8+1/8+1/4)=1/2. Note that this is not necessarily the same as reporting the gender of a specific child, although doing so will produce the same result by a different calculation. For instance, if the younger child is picked, the calculation is (1/4)/(0+1/4+0+1/4)=1/2. In general, 1/2 is a better answer any time a Mr. Smith with a boy and a girl could have been identified as having at least one girl.

Bayesian analysis

Following classical probability arguments, we consider a large urn containing two children. We assume equal probability that either is a boy or a girl. The three discernible cases are thus: 1. both are girls (GG) — with probability P(GG) = 0.25, 2. both are boys (BB) — with probability of P(BB) = 0.25, and 3. one of each (G.B) — with probability of P(G.B) = 0.50. These are the prior probabilities.

Now we add the additional assumption that "at least one is a boy" = B. Using Bayes' Theorem, we find

P(BB|B) = P(B|BB) · P(BB) / P(B) = 1 · 1/4 / 3/4 = 1/3.

where P(A|B) means "probability of A given B". P(B|BB) = probability of at least one boy given both are boys = 1. P(BB) = probability of both boys = 1/4 from the prior distribution. P(B) = probability of at least one being a boy, which includes cases BB and G.B = 1/4 + 1/2 = 3/4.

Note that, although the natural assumption seems to be a probability of 1/2, so the derived value of 1/3 seems low, the actual "normal" value for P(BB) is 1/4, so the 1/3 is actually a bit higher.

The paradox arises because the second assumption is somewhat artificial, and when describing the problem in an actual setting things get a bit sticky. Just how do we know that "at least" one is a boy? One description of the problem states that we look into a window, see only one child and it is a boy. This sounds like the same assumption. However, this one is equivalent to "sampling" the distribution (i.e. removing one child from the urn, ascertaining that it is a boy, then replacing). Let's call the statement "the sample is a boy" proposition "b". Now we have:

P(BB|b) = P(b|BB) · P(BB) / P(b) = 1 · 1/4 / 1/2 = 1/2.

The difference here is the P(b), which is just the probability of drawing a boy from all possible cases (i.e. without the "at least"), which is clearly 0.5.

The Bayesian analysis generalizes easily to the case in which we relax the 50/50 population assumption. If we have no information about the populations then we assume a "flat prior", i.e. P(GG) = P(BB) = P(G.B) = 1/3. In this case the "at least" assumption produces the result P(BB|B) = 1/2, and the sampling assumption produces P(BB|b) = 2/3, a result also derivable from the Rule of Succession.

Martingale analysis

Suppose you had wagered that Mr Smith had two boys, and received fair odds. You paid $1 and you will receive $4 if he has two boys. We think of your wager as investment that will increase in value as good news arrives. What evidence would make you happier about your investment? Learning that at least one child out of two is a boy, or learning that at least one child out of one is a boy?

The latter is a priori less likely, and therefore better news. That is why the two answers cannot be the same.

Now for the numbers. If we bet on one child and win, the value of your investment has doubled. It must double again to get to $4, so the odds are 1 in 2.

On the other hand if we learn that at least one of two children is a boy, our investment increases as if we had wagered on this question. Our one dollar is now worth $4/3 dollars. To get to $4 we still have to increase our wealth threefold. So the answer is 1 in 3.

Variants of the question

Following the popularization of the paradox by Gardner it has been presented and discussed in various forms. The first variant presented by Bar-Hillel & Falk [3] is worded as follows:

  • Mr. Smith is the father of two. We meet him walking along the street with a young boy whom he proudly introduces as his son. What is the probability that Mr. Smith’s other child is also a boy?

Bar-Hillel & Falk use this variant to highlight the importance of considering the underlying assumptions. The intuitive answer is 1/2 and, when making the most natural assumptions, this is correct. However, someone may argue that “...before Mr. Smith identifies the boy as his son, we know only that he is either the father of two boys, BB, or of two girls, GG, or of one of each in either birth order, i.e., BG or GB. Assuming again independence and equiprobability, we begin with a probability of 1/4 that Smith is the father of two boys. Discovering that he has at least one boy rules out the event GG. Since the remaining three events were equiprobable, we obtain a probability of 1/3 for BB.”[3]

The natural assumption is that Mr. Smith selected the child companion at random. If so, as combination BB has twice the probability of either BG or GB of having resulted in the boy walking companion (and combination GG has zero probability, ruling it out), the union of events BG and GB becomes equiprobable with event BB, and so the chance that the other child is also a boy is 1/2. Bar-Hillel & Falk, however, suggest an alternative scenario. They imagine a culture in which boys are invariably chosen over girls as walking companions. In this case, the combinations of BB, BG and GB are assumed equally likely to have resulted in the boy walking companion, and thus the probability that the other child is also a boy is 1/3.

In 1991, Marilyn vos Savant responded to a reader who asked her to answer a variant of the Boy or Girl paradox that included beagles.[5] In 1996, she published the question again in a different form. The 1991 and 1996 questions, respectively were phrased:

  • A shopkeeper says she has two new baby beagles to show you, but she doesn't know whether they're male, female, or a pair. You tell her that you want only a male, and she telephones the fellow who's giving them a bath. "Is at least one a male?" she asks him. "Yes!" she informs you with a smile. What is the probability that the other one is a male?
  • Say that a woman and a man (who are unrelated) each has two children. We know that at least one of the woman's children is a boy and that the man's oldest child is a boy. Can you explain why the chances that the woman has two boys do not equal the chances that the man has two boys?

With regard to the second formulation Vos Savant gave the classic answer that the chances that the woman has two boys are about 1/3 whereas the chances that the man has two boys are about 1/2. In response to reader response that questioned her analysis vos Savant conducted a survey of readers with exactly two children, at least one of which is a boy. Of 17,946 responses, 35.9% reported two boys.[10]

Vos Savant's articles were discussed by Carlton and Stansfield[10] in a 2005 article in The American Statistician. The authors do not discuss the possible ambiguity in the question and conclude that her answer is correct from a mathematical perspective, given the assumptions that the likelihood of a child being a boy or girl is equal, and that the sex of the second child is independent of the first. With regard to her survey they say it "at least validates vos Savant’s correct assertion that the “chances” posed in the original question, though similar-sounding, are different, and that the first probability is certainly nearer to 1 in 3 than to 1 in 2."

Carlton and Stansfield go on to discuss the common assumptions in the Boy or Girl paradox. They demonstrate that in reality male children are actually more likely than female children, and that the sex of the second child is not independent of the sex of the first. The authors conclude that, although the assumptions of the question run counter to observations, the paradox still has pedagogical value, since it "illustrates one of the more intriguing applications of conditional probability."[10] Of course, the actual probability values do not matter; the purpose of the paradox is to demonstrate seemingly contradictory logic, not actual birth rates.

Information about the child

Suppose we were told not only that Mr. Smith has two children, and one of them is a boy, but also that the boy was born on a Tuesday: does this change our previous analyses? Again, the answer depends on how this information comes to us - what kind of selection process brought us this knowledge.

Following the tradition of the problem, let us suppose that out there in the population of two-child families, the sex of the two children is independent of one another, equally likely boy or girl, and that each child is independently of the other children born on any of the seven days of the week, each with equal probability 1/7. In that case, the chance that a two child family consists of two boys, one (at least) born on a Tuesday, is equal to 1/4 (the probability of two boys) times one minus 6/7 squared = 1 - 36/49 = 13/49 (one minus the probability that neither child is born on a Tuesday). 1/4 times 13/49 equals 13/196.

The probability that a two child family consists of a boy and a girl, the boy born on a Tuesday, equals 2 (boy-girl or girl-boy) times 1/4 (the two specified sexes) times 1/7 (the boy born on Tuesday) = 1/14. Therefore, among all two child families with at least one boy born on a Tuesday, the fraction of families in which the other child is a girl is 1/14 divided by the sum of 1/14 plus 13/196 = 0.5185185.

It seems that we introduced quite irrelevant information, yet the probability of the sex of the other child has changed dramatically from what it was before (the chance the other child was a girl was 2/3, when we didn't know that the boy was born on Tuesday).

This is still a bit bigger than a half, but close! It is not difficult to check that as we specify more and more details about the boy child (for instance: born on January 1), the chance that the other child is a girl approaches one half.

However, is it really plausible that our child family with at least one boy born on a Tuesday was delivered to us by choosing just one of such families at random? It is much more easy to imagine the following scenario. We know Mr. Smith has two children. We knock at his door and a boy comes and answers the door. We ask the boy on what day of the week he was born. Let's assume that which of the two children answers the door is determined by chance! Then the procedure was (1) pick a two-child family at random from all two-child families (2) pick one of the two children at random, (3) see it's a boy and ask on what day he was born. The chance the other child is a girl is 1/2. This is a very different procedure from (1) picking a two-child family at random from all families with two children, at least one a boy, born on a Tuesday. The chance the family consists of a boy and a girl is 0.5185815...

This variant of the boy and girl problem is discussed on many recent internet blogs and is the subject of a paper by Ruma Falk, [1]. The moral of the story is that these probabilities don't just depend on the information we have in front of us, but on how we came by that information.

Psychological investigation

From the position of statistical analysis the relevant question is often ambiguous and as such there is no “correct” answer. However, this does not exhaust the boy or girl paradox for it is not necessarily the ambiguity that explains how the intuitive probability is derived. A survey such as vos Savant’s suggests that the majority of people adopt an understanding of Gardner’s problem that if they were consistent would lead them to the 1/3 probability answer but overwhelmingly people intuitively arrive at the 1/2 probability answer. Ambiguity notwithstanding, this makes the problem of interest to psychological researchers who seek to understand how humans estimate probability.

Fox & Levav (2004) used the problem (called the Mr. Smith problem, credited to Gardner, but not worded exactly the same as Gardner's version) to test theories of how people estimate conditional probabilities.[2] In this study, the paradox was posed to participants in two ways:

  • "Mr. Smith says: 'I have two children and at least one of them is a boy.' Given this information, what is the probability that the other child is a boy?"
  • "Mr. Smith says: 'I have two children and it is not the case that they are both girls.' Given this information, what is the probability that both children are boys?"

The authors argue that the first formulation gives the reader the mistaken impression that there are two possible outcomes for the "other child",[2] whereas the second formulation gives the reader the impression that there are four possible outcomes, of which one has been rejected (resulting in 1/3 being the probability of both children being boys, as there are 3 remaining possible outcomes, only one of which is that both of the children are boys). The study found that 85% of participants answered 1/2 for the first formulation, while only 39% responded that way to the second formulation. The authors argued that the reason people respond differently to each question (along with other similar problems, such as the Monty Hall Problem and the Bertrand's box paradox) is because of the use of naive heuristics that fail to properly define the number of possible outcomes.[2]

See also

References

  1. 1.0 1.1 20 year-old Real Estate Agent Rusty from Saint-Paul, has hobbies and interests which includes monopoly, property developers in singapore and poker. Will soon undertake a contiki trip that may include going to the Lower Valley of the Omo.

    My blog: http://www.primaboinca.com/view_profile.php?userid=5889534 Cite error: Invalid <ref> tag; name "gardner" defined multiple times with different content
  2. 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 One of the biggest reasons investing in a Singapore new launch is an effective things is as a result of it is doable to be lent massive quantities of money at very low interest rates that you should utilize to purchase it. Then, if property values continue to go up, then you'll get a really high return on funding (ROI). Simply make sure you purchase one of the higher properties, reminiscent of the ones at Fernvale the Riverbank or any Singapore landed property Get Earnings by means of Renting

    In its statement, the singapore property listing - website link, government claimed that the majority citizens buying their first residence won't be hurt by the new measures. Some concessions can even be prolonged to chose teams of consumers, similar to married couples with a minimum of one Singaporean partner who are purchasing their second property so long as they intend to promote their first residential property. Lower the LTV limit on housing loans granted by monetary establishments regulated by MAS from 70% to 60% for property purchasers who are individuals with a number of outstanding housing loans on the time of the brand new housing purchase. Singapore Property Measures - 30 August 2010 The most popular seek for the number of bedrooms in Singapore is 4, followed by 2 and three. Lush Acres EC @ Sengkang

    Discover out more about real estate funding in the area, together with info on international funding incentives and property possession. Many Singaporeans have been investing in property across the causeway in recent years, attracted by comparatively low prices. However, those who need to exit their investments quickly are likely to face significant challenges when trying to sell their property – and could finally be stuck with a property they can't sell. Career improvement programmes, in-house valuation, auctions and administrative help, venture advertising and marketing, skilled talks and traisning are continuously planned for the sales associates to help them obtain better outcomes for his or her shoppers while at Knight Frank Singapore. No change Present Rules

    Extending the tax exemption would help. The exemption, which may be as a lot as $2 million per family, covers individuals who negotiate a principal reduction on their existing mortgage, sell their house short (i.e., for lower than the excellent loans), or take part in a foreclosure course of. An extension of theexemption would seem like a common-sense means to assist stabilize the housing market, but the political turmoil around the fiscal-cliff negotiations means widespread sense could not win out. Home Minority Chief Nancy Pelosi (D-Calif.) believes that the mortgage relief provision will be on the table during the grand-cut price talks, in response to communications director Nadeam Elshami. Buying or promoting of blue mild bulbs is unlawful.

    A vendor's stamp duty has been launched on industrial property for the primary time, at rates ranging from 5 per cent to 15 per cent. The Authorities might be trying to reassure the market that they aren't in opposition to foreigners and PRs investing in Singapore's property market. They imposed these measures because of extenuating components available in the market." The sale of new dual-key EC models will even be restricted to multi-generational households only. The models have two separate entrances, permitting grandparents, for example, to dwell separately. The vendor's stamp obligation takes effect right this moment and applies to industrial property and plots which might be offered inside three years of the date of buy. JLL named Best Performing Property Brand for second year running

    The data offered is for normal info purposes only and isn't supposed to be personalised investment or monetary advice. Motley Fool Singapore contributor Stanley Lim would not personal shares in any corporations talked about. Singapore private home costs increased by 1.eight% within the fourth quarter of 2012, up from 0.6% within the earlier quarter. Resale prices of government-built HDB residences which are usually bought by Singaporeans, elevated by 2.5%, quarter on quarter, the quickest acquire in five quarters. And industrial property, prices are actually double the levels of three years ago. No withholding tax in the event you sell your property. All your local information regarding vital HDB policies, condominium launches, land growth, commercial property and more

    There are various methods to go about discovering the precise property. Some local newspapers (together with the Straits Instances ) have categorised property sections and many local property brokers have websites. Now there are some specifics to consider when buying a 'new launch' rental. Intended use of the unit Every sale begins with 10 p.c low cost for finish of season sale; changes to 20 % discount storewide; follows by additional reduction of fiftyand ends with last discount of 70 % or extra. Typically there is even a warehouse sale or transferring out sale with huge mark-down of costs for stock clearance. Deborah Regulation from Expat Realtor shares her property market update, plus prime rental residences and houses at the moment available to lease Esparina EC @ Sengkang
  3. 3.0 3.1 3.2 3.3 3.4 One of the biggest reasons investing in a Singapore new launch is an effective things is as a result of it is doable to be lent massive quantities of money at very low interest rates that you should utilize to purchase it. Then, if property values continue to go up, then you'll get a really high return on funding (ROI). Simply make sure you purchase one of the higher properties, reminiscent of the ones at Fernvale the Riverbank or any Singapore landed property Get Earnings by means of Renting

    In its statement, the singapore property listing - website link, government claimed that the majority citizens buying their first residence won't be hurt by the new measures. Some concessions can even be prolonged to chose teams of consumers, similar to married couples with a minimum of one Singaporean partner who are purchasing their second property so long as they intend to promote their first residential property. Lower the LTV limit on housing loans granted by monetary establishments regulated by MAS from 70% to 60% for property purchasers who are individuals with a number of outstanding housing loans on the time of the brand new housing purchase. Singapore Property Measures - 30 August 2010 The most popular seek for the number of bedrooms in Singapore is 4, followed by 2 and three. Lush Acres EC @ Sengkang

    Discover out more about real estate funding in the area, together with info on international funding incentives and property possession. Many Singaporeans have been investing in property across the causeway in recent years, attracted by comparatively low prices. However, those who need to exit their investments quickly are likely to face significant challenges when trying to sell their property – and could finally be stuck with a property they can't sell. Career improvement programmes, in-house valuation, auctions and administrative help, venture advertising and marketing, skilled talks and traisning are continuously planned for the sales associates to help them obtain better outcomes for his or her shoppers while at Knight Frank Singapore. No change Present Rules

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    A vendor's stamp duty has been launched on industrial property for the primary time, at rates ranging from 5 per cent to 15 per cent. The Authorities might be trying to reassure the market that they aren't in opposition to foreigners and PRs investing in Singapore's property market. They imposed these measures because of extenuating components available in the market." The sale of new dual-key EC models will even be restricted to multi-generational households only. The models have two separate entrances, permitting grandparents, for example, to dwell separately. The vendor's stamp obligation takes effect right this moment and applies to industrial property and plots which might be offered inside three years of the date of buy. JLL named Best Performing Property Brand for second year running

    The data offered is for normal info purposes only and isn't supposed to be personalised investment or monetary advice. Motley Fool Singapore contributor Stanley Lim would not personal shares in any corporations talked about. Singapore private home costs increased by 1.eight% within the fourth quarter of 2012, up from 0.6% within the earlier quarter. Resale prices of government-built HDB residences which are usually bought by Singaporeans, elevated by 2.5%, quarter on quarter, the quickest acquire in five quarters. And industrial property, prices are actually double the levels of three years ago. No withholding tax in the event you sell your property. All your local information regarding vital HDB policies, condominium launches, land growth, commercial property and more

    There are various methods to go about discovering the precise property. Some local newspapers (together with the Straits Instances ) have categorised property sections and many local property brokers have websites. Now there are some specifics to consider when buying a 'new launch' rental. Intended use of the unit Every sale begins with 10 p.c low cost for finish of season sale; changes to 20 % discount storewide; follows by additional reduction of fiftyand ends with last discount of 70 % or extra. Typically there is even a warehouse sale or transferring out sale with huge mark-down of costs for stock clearance. Deborah Regulation from Expat Realtor shares her property market update, plus prime rental residences and houses at the moment available to lease Esparina EC @ Sengkang
  4. 4.0 4.1 4.2 20 year-old Real Estate Agent Rusty from Saint-Paul, has hobbies and interests which includes monopoly, property developers in singapore and poker. Will soon undertake a contiki trip that may include going to the Lower Valley of the Omo.

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    In its statement, the singapore property listing - website link, government claimed that the majority citizens buying their first residence won't be hurt by the new measures. Some concessions can even be prolonged to chose teams of consumers, similar to married couples with a minimum of one Singaporean partner who are purchasing their second property so long as they intend to promote their first residential property. Lower the LTV limit on housing loans granted by monetary establishments regulated by MAS from 70% to 60% for property purchasers who are individuals with a number of outstanding housing loans on the time of the brand new housing purchase. Singapore Property Measures - 30 August 2010 The most popular seek for the number of bedrooms in Singapore is 4, followed by 2 and three. Lush Acres EC @ Sengkang

    Discover out more about real estate funding in the area, together with info on international funding incentives and property possession. Many Singaporeans have been investing in property across the causeway in recent years, attracted by comparatively low prices. However, those who need to exit their investments quickly are likely to face significant challenges when trying to sell their property – and could finally be stuck with a property they can't sell. Career improvement programmes, in-house valuation, auctions and administrative help, venture advertising and marketing, skilled talks and traisning are continuously planned for the sales associates to help them obtain better outcomes for his or her shoppers while at Knight Frank Singapore. No change Present Rules

    Extending the tax exemption would help. The exemption, which may be as a lot as $2 million per family, covers individuals who negotiate a principal reduction on their existing mortgage, sell their house short (i.e., for lower than the excellent loans), or take part in a foreclosure course of. An extension of theexemption would seem like a common-sense means to assist stabilize the housing market, but the political turmoil around the fiscal-cliff negotiations means widespread sense could not win out. Home Minority Chief Nancy Pelosi (D-Calif.) believes that the mortgage relief provision will be on the table during the grand-cut price talks, in response to communications director Nadeam Elshami. Buying or promoting of blue mild bulbs is unlawful.

    A vendor's stamp duty has been launched on industrial property for the primary time, at rates ranging from 5 per cent to 15 per cent. The Authorities might be trying to reassure the market that they aren't in opposition to foreigners and PRs investing in Singapore's property market. They imposed these measures because of extenuating components available in the market." The sale of new dual-key EC models will even be restricted to multi-generational households only. The models have two separate entrances, permitting grandparents, for example, to dwell separately. The vendor's stamp obligation takes effect right this moment and applies to industrial property and plots which might be offered inside three years of the date of buy. JLL named Best Performing Property Brand for second year running

    The data offered is for normal info purposes only and isn't supposed to be personalised investment or monetary advice. Motley Fool Singapore contributor Stanley Lim would not personal shares in any corporations talked about. Singapore private home costs increased by 1.eight% within the fourth quarter of 2012, up from 0.6% within the earlier quarter. Resale prices of government-built HDB residences which are usually bought by Singaporeans, elevated by 2.5%, quarter on quarter, the quickest acquire in five quarters. And industrial property, prices are actually double the levels of three years ago. No withholding tax in the event you sell your property. All your local information regarding vital HDB policies, condominium launches, land growth, commercial property and more

    There are various methods to go about discovering the precise property. Some local newspapers (together with the Straits Instances ) have categorised property sections and many local property brokers have websites. Now there are some specifics to consider when buying a 'new launch' rental. Intended use of the unit Every sale begins with 10 p.c low cost for finish of season sale; changes to 20 % discount storewide; follows by additional reduction of fiftyand ends with last discount of 70 % or extra. Typically there is even a warehouse sale or transferring out sale with huge mark-down of costs for stock clearance. Deborah Regulation from Expat Realtor shares her property market update, plus prime rental residences and houses at the moment available to lease Esparina EC @ Sengkang
  6. Template:Cite news
  7. 7.0 7.1 20 year-old Real Estate Agent Rusty from Saint-Paul, has hobbies and interests which includes monopoly, property developers in singapore and poker. Will soon undertake a contiki trip that may include going to the Lower Valley of the Omo.

    My blog: http://www.primaboinca.com/view_profile.php?userid=5889534
  8. Template:Cite web
  9. One of the biggest reasons investing in a Singapore new launch is an effective things is as a result of it is doable to be lent massive quantities of money at very low interest rates that you should utilize to purchase it. Then, if property values continue to go up, then you'll get a really high return on funding (ROI). Simply make sure you purchase one of the higher properties, reminiscent of the ones at Fernvale the Riverbank or any Singapore landed property Get Earnings by means of Renting

    In its statement, the singapore property listing - website link, government claimed that the majority citizens buying their first residence won't be hurt by the new measures. Some concessions can even be prolonged to chose teams of consumers, similar to married couples with a minimum of one Singaporean partner who are purchasing their second property so long as they intend to promote their first residential property. Lower the LTV limit on housing loans granted by monetary establishments regulated by MAS from 70% to 60% for property purchasers who are individuals with a number of outstanding housing loans on the time of the brand new housing purchase. Singapore Property Measures - 30 August 2010 The most popular seek for the number of bedrooms in Singapore is 4, followed by 2 and three. Lush Acres EC @ Sengkang

    Discover out more about real estate funding in the area, together with info on international funding incentives and property possession. Many Singaporeans have been investing in property across the causeway in recent years, attracted by comparatively low prices. However, those who need to exit their investments quickly are likely to face significant challenges when trying to sell their property – and could finally be stuck with a property they can't sell. Career improvement programmes, in-house valuation, auctions and administrative help, venture advertising and marketing, skilled talks and traisning are continuously planned for the sales associates to help them obtain better outcomes for his or her shoppers while at Knight Frank Singapore. No change Present Rules

    Extending the tax exemption would help. The exemption, which may be as a lot as $2 million per family, covers individuals who negotiate a principal reduction on their existing mortgage, sell their house short (i.e., for lower than the excellent loans), or take part in a foreclosure course of. An extension of theexemption would seem like a common-sense means to assist stabilize the housing market, but the political turmoil around the fiscal-cliff negotiations means widespread sense could not win out. Home Minority Chief Nancy Pelosi (D-Calif.) believes that the mortgage relief provision will be on the table during the grand-cut price talks, in response to communications director Nadeam Elshami. Buying or promoting of blue mild bulbs is unlawful.

    A vendor's stamp duty has been launched on industrial property for the primary time, at rates ranging from 5 per cent to 15 per cent. The Authorities might be trying to reassure the market that they aren't in opposition to foreigners and PRs investing in Singapore's property market. They imposed these measures because of extenuating components available in the market." The sale of new dual-key EC models will even be restricted to multi-generational households only. The models have two separate entrances, permitting grandparents, for example, to dwell separately. The vendor's stamp obligation takes effect right this moment and applies to industrial property and plots which might be offered inside three years of the date of buy. JLL named Best Performing Property Brand for second year running

    The data offered is for normal info purposes only and isn't supposed to be personalised investment or monetary advice. Motley Fool Singapore contributor Stanley Lim would not personal shares in any corporations talked about. Singapore private home costs increased by 1.eight% within the fourth quarter of 2012, up from 0.6% within the earlier quarter. Resale prices of government-built HDB residences which are usually bought by Singaporeans, elevated by 2.5%, quarter on quarter, the quickest acquire in five quarters. And industrial property, prices are actually double the levels of three years ago. No withholding tax in the event you sell your property. All your local information regarding vital HDB policies, condominium launches, land growth, commercial property and more

    There are various methods to go about discovering the precise property. Some local newspapers (together with the Straits Instances ) have categorised property sections and many local property brokers have websites. Now there are some specifics to consider when buying a 'new launch' rental. Intended use of the unit Every sale begins with 10 p.c low cost for finish of season sale; changes to 20 % discount storewide; follows by additional reduction of fiftyand ends with last discount of 70 % or extra. Typically there is even a warehouse sale or transferring out sale with huge mark-down of costs for stock clearance. Deborah Regulation from Expat Realtor shares her property market update, plus prime rental residences and houses at the moment available to lease Esparina EC @ Sengkang
  10. 10.0 10.1 10.2 10.3 10.4 10.5 One of the biggest reasons investing in a Singapore new launch is an effective things is as a result of it is doable to be lent massive quantities of money at very low interest rates that you should utilize to purchase it. Then, if property values continue to go up, then you'll get a really high return on funding (ROI). Simply make sure you purchase one of the higher properties, reminiscent of the ones at Fernvale the Riverbank or any Singapore landed property Get Earnings by means of Renting

    In its statement, the singapore property listing - website link, government claimed that the majority citizens buying their first residence won't be hurt by the new measures. Some concessions can even be prolonged to chose teams of consumers, similar to married couples with a minimum of one Singaporean partner who are purchasing their second property so long as they intend to promote their first residential property. Lower the LTV limit on housing loans granted by monetary establishments regulated by MAS from 70% to 60% for property purchasers who are individuals with a number of outstanding housing loans on the time of the brand new housing purchase. Singapore Property Measures - 30 August 2010 The most popular seek for the number of bedrooms in Singapore is 4, followed by 2 and three. Lush Acres EC @ Sengkang

    Discover out more about real estate funding in the area, together with info on international funding incentives and property possession. Many Singaporeans have been investing in property across the causeway in recent years, attracted by comparatively low prices. However, those who need to exit their investments quickly are likely to face significant challenges when trying to sell their property – and could finally be stuck with a property they can't sell. Career improvement programmes, in-house valuation, auctions and administrative help, venture advertising and marketing, skilled talks and traisning are continuously planned for the sales associates to help them obtain better outcomes for his or her shoppers while at Knight Frank Singapore. No change Present Rules

    Extending the tax exemption would help. The exemption, which may be as a lot as $2 million per family, covers individuals who negotiate a principal reduction on their existing mortgage, sell their house short (i.e., for lower than the excellent loans), or take part in a foreclosure course of. An extension of theexemption would seem like a common-sense means to assist stabilize the housing market, but the political turmoil around the fiscal-cliff negotiations means widespread sense could not win out. Home Minority Chief Nancy Pelosi (D-Calif.) believes that the mortgage relief provision will be on the table during the grand-cut price talks, in response to communications director Nadeam Elshami. Buying or promoting of blue mild bulbs is unlawful.

    A vendor's stamp duty has been launched on industrial property for the primary time, at rates ranging from 5 per cent to 15 per cent. The Authorities might be trying to reassure the market that they aren't in opposition to foreigners and PRs investing in Singapore's property market. They imposed these measures because of extenuating components available in the market." The sale of new dual-key EC models will even be restricted to multi-generational households only. The models have two separate entrances, permitting grandparents, for example, to dwell separately. The vendor's stamp obligation takes effect right this moment and applies to industrial property and plots which might be offered inside three years of the date of buy. JLL named Best Performing Property Brand for second year running

    The data offered is for normal info purposes only and isn't supposed to be personalised investment or monetary advice. Motley Fool Singapore contributor Stanley Lim would not personal shares in any corporations talked about. Singapore private home costs increased by 1.eight% within the fourth quarter of 2012, up from 0.6% within the earlier quarter. Resale prices of government-built HDB residences which are usually bought by Singaporeans, elevated by 2.5%, quarter on quarter, the quickest acquire in five quarters. And industrial property, prices are actually double the levels of three years ago. No withholding tax in the event you sell your property. All your local information regarding vital HDB policies, condominium launches, land growth, commercial property and more

    There are various methods to go about discovering the precise property. Some local newspapers (together with the Straits Instances ) have categorised property sections and many local property brokers have websites. Now there are some specifics to consider when buying a 'new launch' rental. Intended use of the unit Every sale begins with 10 p.c low cost for finish of season sale; changes to 20 % discount storewide; follows by additional reduction of fiftyand ends with last discount of 70 % or extra. Typically there is even a warehouse sale or transferring out sale with huge mark-down of costs for stock clearance. Deborah Regulation from Expat Realtor shares her property market update, plus prime rental residences and houses at the moment available to lease Esparina EC @ Sengkang
  11. 11.0 11.1 Template:Cite web

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