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You take a 10-question multiple-choice quiz. Each question has four choices. Suppose you guess when answering the questions. You gain 1 point when you answer a question correctly and 0 points when you answer a question incorrectly. What is the expected value of the quiz?
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For each question, you have a 25% probability of guessing the correct answer. So, your expected value for the 10 questions is
In other words, if you consistently applied this test-taking strategy, over the long run, you should expect your test score average to be 2.5 points.
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You take a 10-question multiple-choice quiz. Each question has four choices. Suppose you guess when answering the questions. You gain 1 point when you answer a question correctly and lose ¼ point when you answer a question incorrectly. What is the expected value of the quiz?
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You take a 10-question multiple-choice quiz. Each question has four choices. Suppose you guess when answering the questions. What is the probability that you answer every question incorrectly?
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The probability that you answer every question incorrectly is
So, with this test-taking strategy, you have about a 6% chance of answering every question incorrectly.
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You take a 10-question multiple-choice quiz. Each question has four choices. Suppose you guess when answering the questions. What is the probability that you answer every question correctly?
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You take a 10-question multiple-choice quiz. Each question has four choices. Suppose you guess when answering the questions. What is the probability that you answer only the first question correctly?
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The probability that you answer only the first question correctly is
So, with this test-taking strategy, you have about a 2% chance of answering only the first question correctly.
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You take a 10-question multiple-choice quiz. Each question has four choices. Suppose you guess when answering the questions. What is the probability that you answer only the first five questions correctly?
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You take a 10-question multiple-choice quiz. Each question has four choices. Suppose you guess when answering the questions. What is the probability that you answer at least one question correctly?
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The probability that you answer every question incorrectly is
So, the probability that you answer at least one quesiton correctly is
So, with this test-taking strategy, you have about a 94% chance of answering at least one question correctly.
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