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Both children boys given at least one son

Question

A mother has two children, and you know that at least one of them is a boy. Assuming boys and girls are equally likely and independent, what is the probability that she has two boys?

Short answer

1/31/3. Of the equally likely cases BB, BG, GB and GG, the information removes only GG, and BB is one of the three that remain.

Adapted from Zhou, A Practical Guide to Quantitative Finance Interviews, sec. 4.3 Conditional Probability and Bayes' Formula, 'Boys and girls A', p.72; question and answer rewritten by SelfMadeQuant.com.

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