You are about to take a test consisting of 20 True-False questions (a test for which you
Question:
a. A passing grade on the test is 60%. Given your “pure guess” strategy, how likely is it that you will pass the test?
b. To make no worse than a B grade on the test, you would need at least an 80% score. What are your chances?
c. Suppose you walk into the exam and discover that the format is not True-False as you had expected, but rather multiple choice, with four choices for each question. Under your “pure guess” strategy, how likely is it that you pass this exam?
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Related Book For 
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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