Because they enable efficient procedures for evaluating answers, multiple-choice questions are commonly used on standardized tests, such

Question:

Because they enable efficient procedures for evaluating answers, multiple-choice questions are commonly used on standardized tests, such as the SAT or ACT. Such questions typically have five choices, one of which is correct. Assume that you must make random guesses for two such questions. Assume that both questions have correct answers of “a.”
a. After listing the 25 different possible samples, find the proportion of correct answers in each sample, then construct a table that describes the sampling of the sample proportions of correct responses.
b. Find the mean of the sampling of the sample proportion.
c. Is the mean of the sampling (from part (b)) equal to the population proportion of correct responses? Does the mean of the sampling of proportions always equal the population proportion?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...