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Courses-Blackboard LeanX @ Do Homework. Tyler Fisher Should Michigan State Thin

ID: 3064032 • Letter: C

Question

Courses-Blackboard LeanX @ Do Homework. Tyler Fisher Should Michigan State Thin X Simplifying Fractions Calculato C Chegg Study | Guided Solution X+ https: www.math.com Student PlayerHomework.aspx?homeworkld=467289390&questionid-48; flushed-false&cl; .. MATHS 125-038 TR 5-6:15pm (Spring 2018) Tyler Fisher 3/19/18 2:18 PM Homework: 11.8-Expected Value Save Score: 0 of 1 pt 4 of 7 (7 complete) HW Score: 78.57%, 5.5 of 7 pts X 11.8.9 Question Help The probabilities and gain or loss for guessing on a standardized test is shown in the table to the night. 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 cormectly Guess incorrectly- Gain or Loss Probabili 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.) O A. The expected point value isso it is advantageous to guess O B. The expected point value is so it is not advantageous to guess. Click to select and enter your answer(s) and then click Check Answer All parts showing Clear All Check Answer 218 PM O Type here to search a d)3/19/2018

Explanation / Answer

Expected value = 1 * (1/6) + (-1/5) * (5/6) = 0                                                                              

Option-B) The expected value is 0. So it is not advantageous to guess.