Question: Suppose a family has 2 children, one of which is a boy. What is the probability that both children are boys?
My attempt:
P(both are boys | one is a boy)
= P(both are boys AND one is a boy) / P(one is a boy)
= P(one is a boy | both are boys) * P(both are boys) / P(one is a boy)
= 1 * (1/4) / (1 - 2(1/2)^2)
= 1/2
But the real answer is 1/3. Why?