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 five answers. modify the two probabilities shown by finding the
probabilities of guessing correctly and guessing incorrectly under these
circumstances.
what is the expected point value of a random guess? is it advantageous to guess
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 is 0.1. so it is advantageous to guess
o b. the expected point value is 0.1. so it is not advantageous to guess