Stanleys statistics seminar is graded on a Pass/Fail basis. At the end of the semester each student
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Stanley’s statistics seminar is graded on a Pass/Fail basis. At the end of the semester each student is given the option of taking either a two-question exam (Final A) or a three-question exam (Final B). To pass the course, students must answer at least one question correctly on whichever exam they choose. The professor estimates that a typical student has a 45% chance of correctly answering each of the two questions on Final A and a 30% chance of correctly answering each of the three questions on Final B. Which exam should Stanley choose? Answer the question two different ways.
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Related Book For
Introduction To Mathematical Statistics And Its Applications
ISBN: 9780134114217
6th Edition
Authors: Richard Larsen, Morris Marx
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