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Unformatted text preview: guessing). D) If a student is able to correctly eliminate one option as a possible correct answer but is still guessing randomly, what happens to his/her expected score for that question? Use your answer to C) as the number of points being deducted for an incorrect answer. 9 ) The No-Tell Motel has 15 bedrooms. From past experience, the manager knows that 20% of the people who make room reservations dont show up. The manager accepts 20 reservations. If a customer with a reservation shows up and the motel has run out of rooms, it is the motels policy to pay $100 as compensation to the customer. What is the expected value of the compensation that the motel must pay?...
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This note was uploaded on 05/24/2008 for the course ACC 203 taught by Professor Choi during the Spring '08 term at NYU.
- Spring '08