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18 Standardized Test: You are trying to answer a multiple choice question on a standardized test. There are ve choices. If you get the question
18
Standardized Test: You are trying to answer a multiple choice question on a standardized test. There are ve choices. If you get the question right, you gain 1 one point, and if you get it wrong, you lose Z point. Assume you have no idea what the right answer is, so you pick one of the choices at random. What is the expected value of the number of points you get? What is the expected value of the number of points you get? Round the answer to two decimal places. The expected value of the number of points you get is E]. x (1 Pay Your bills: A company audit showed that of 842 bills that were sent out, 612 were paid on time, 136 were paid up to 30 days late, 75 were paid between 31 and 90 days late, and 19 remained unpaid after 90 days. One bill is selected at randomStep by Step Solution
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