Multiple-choice questions each have four possible answers (a, b, c, d), one of which is correct. ASsume that you guess the answers to three such questions. a. Use the multiplication rule to find P(CWC), where C denotes a correct answer and W denotes a wrong answer. P(CWC) = 0.046875 (Type an exact answer.) b. Beginning with cWC, make a complete list of the different possible arrangements of two correct answers and one wrong answer, then find the probability for each entry in the list. P(CWC) – see above P(WCC) = 0.046875 P(CCW) = 0.046875 (Type exact answers.) c. Based on the preceding results, what is the probability of getting exactly two correct answers when three guesses are made? (Type an exact answer.)

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Confidence Intervals

When we calculate intervals in probability and statistics, it can be simply termed as finding out a confidence interval. The confidence interval is usually calculated from the data set which is observed. The value of the parameter that needs to be calculated is present here only.