The probabilities and gain or loss for guessing on a standardized test is shown in the table to the right. Suppose that you eliminate two of the possible six answers. Modify the two probabilities shown by finding the probabilities of guessing correctly and guessing incorrectly under these circumstances. Outcome Guess correctly Gain or Loss Probability 1 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.) OA. The expected point value is OB. The expected point value is so it is advantageous to guess. so it is not advantageous to guess. 6 1 5 Guess incorrectly 2 6

The probabilities and gain or loss for guessing on a standardized test is shown in the table to the right. Suppose that you eliminate two of the possible six answers. Modify the two probabilities shown by finding the probabilities of guessing correctly and guessing incorrectly under these circumstances. Outcome Guess correctly Gain or Loss Probability 1 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.) OA. The expected point value is OB. The expected point value is so it is advantageous to guess. so it is not advantageous to guess. 6 1 5 Guess incorrectly 2 6

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter8: Sequences, Series,and Probability

Section8.7: Probability

Problem 50E: Flexible Work Hours In a recent survey, people were asked whether they would prefer to work flexible...

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