Question: Let's focus on assessing probabilities.If you choose an answer to this problem randomly, what is the chance you will be correct?And describe how you arrived

Let's focus on assessing probabilities.If you choose an answer to this problem randomly, what is the chance you will be correct?And describe how you arrived at that probability.

a)25%

b)50%

c)60%

d)25%

Read the question carefully, it is not asking for a, b, c or d, it is asking for the likelihood you are correct by picking a, b, c or d randomly.

please provide an explanation

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Probability and Statistics - Problem Set c Keith M. Chugg October 2, 2015 1 Preliminaries, Combinatorics, Set Probability 1.1. A number of bats are in a cave. 2 bats can see out of their left eye. 3...

\fThis is an electronic version of the print textbook. Due to electronic rights restrictions, some third party content may be suppressed. Editorial review has deemed that any suppressed content does...

(i) Write down the linear program relaxation for the vertex cover problem and solve the linear program. [6 marks] (ii) Based on the solution of the linear program in (b)(i), derive an integer...

Business Research MethodologyQuestion Bank 1 1. When the marketing department of an organization attempts to determine the amount of time the managers in this department spend at their computers in...

Set Student Name: 1. Describe the relationship between two variables that have a correlation coefficient value: a. Near -1 b. Near 0 c. Near 1 2. Data was collected where a weightlifter was asked to...

Business Research Methodology- Question Bank 1 1. When the marketing department of an organization attempts to determine the amount of time the managers in this department spend at their computers in...

10. An experimenter has some degree of control over the: a. independent variable. b. correlative variable. c. history effect. d. All of the above, if the experiment is conducted properly. 11. If a...

Student: Brandy Freytag Date: 7/19/16 Instructor: Doug LeVeque, Beverly Wood Assignment: MSL Chapter 9 HW Course: MATH_211_1841_May_2016(LeVeque) 1. The distribution of the scores on a certain exam...

Instuctor's Annotated Edition TENTH EDITION Understandable Statistics Concepts and Methods Charles Henry Brase Regis University Corrinne Pellillo Brase Arapahoe Community College Australia Brazil...

Possible Multiple Choice Questions for the Exam. Focus on the topics discussed in class. Chapter 1 Multiple Choice Identify the choice that best completes the statement or answers the question. ____...

1. Describe the importance of inventory management as it relates to the Farmers Restaurant. 2. What ordering system would be best for this situation? 3. Given the following information, provide an...

You are an audit manager of Bang and Jong, a firm of Certified Public Accountants. You are currently responsible for reviewing the appropriateness of your firms proposed auditors report of financial...

All else constant, the future value of an investment will increase if: ) the investment involves more risk.the investment is compounded at a higher interest rate. the investment is compounded for...

A company makes two products IX and Y using two machines (A and B). Each unit of X that is produced requires 50 minutes processing time on machine A and 30 minutes processing time on machine B. Each...

3. It is the commitment you show that is the deciding factor.

4. It is the principle of equality (according to very specific criteria of equality) that is crucial.

7. As your starting point, take a discussion you have had with a person at your workplace. Answer the following questions: Answer the following questions: What did you want to achieve? How did you...