If a family has three children, then there are eight possible outcomes for the gender of the children (where F represents a female child and M represents a male child): S = {FFF, FFM, FMF, MFF, MMF, MFM, FMM, MMM} A three child family is selected at random. Assuming each of the eight above outcomes are equally likely, what is the probability that the randomly selected family has less than five male children?