What is the expected point value of a random guess? Is it advantageous to guess under these circumstances? (Choose the correct answer below, and fill in the answer box to complete your choice.) A. The expected point value is ________, so it is advantageous to guess. B. The expected point value is ________, so it is not advantageous to guess. (Type an integer or a decimal rounded to two decimal places as needed.)
What is the expected point value of a random guess? Is it advantageous to guess under these circumstances? (Choose the correct answer below, and fill in the answer box to complete your choice.) A. The expected point value is ________, so it is advantageous to guess. B. The expected point value is ________, so it is not advantageous to guess. (Type an integer or a decimal rounded to two decimal places as needed.)
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 2E: If a binomial experiment has probability p success, then the probability of failure is...
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Question
11.8.9
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The probabilities and gain or loss for guessing on a standardized test is shown in the table to the right. Suppose that you eliminate
one
of the possible
five
answers. Modify the two probabilities shown by finding the probabilities of guessing correctly and guessing incorrectly under these circumstances. |
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What is the expected point value of a random guess? Is it advantageous to guess under these circumstances?
(Choose the correct answer below, and fill in the answer box to complete your choice.)
(Type an integer or a decimal rounded to two decimal places as needed.)
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