The probabilities and gain or loss for guessing on a standardized test is shown in Outcome Gain or Loss Probability the table to the right. Suppose that you eliminate two of the possible six answers. Modify the two probabilities shown by finding the probabilities of guessing Guess correctly correctly and guessing incorrectly under these circumstances. Guess incorrectly What is the expected point value of a random guess? Is it advantageous to guess under these circumstances