Standardized Test: You are trying to answer a multiple choice question on a standardized test. There are three choices. If you get the question One point, and if you get it wrong, you lose point. Assume you have no idea what the right answer is, so you pick one of the choices at random expected value of the number of points you get? What is the expected value of the number of points you get? Round the answer to two decimal places. The expected value of the number of points you get is X S

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.4: Expected Value
Problem 13E: Roulette An American roulette wheel has 38 slots. Two slots are numbered 0 and 00, and the rest are...
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Standardized Test: You are trying to answer a multiple choice question on a standardized test. There are three choices. If you get the question right, you gain
1
one point, and if you get it wrong, you lose point. Assume you have no idea what the right answer is, so you pick one of the choices at random. What is the
5
expected value of the number of points you get?
What is the expected value of the number of points you get? Round the answer to two decimal places.
The expected value of the number of points you get is
X
$
Transcribed Image Text:Standardized Test: You are trying to answer a multiple choice question on a standardized test. There are three choices. If you get the question right, you gain 1 one point, and if you get it wrong, you lose point. Assume you have no idea what the right answer is, so you pick one of the choices at random. What is the 5 expected value of the number of points you get? What is the expected value of the number of points you get? Round the answer to two decimal places. The expected value of the number of points you get is X $
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