Answer:
a) 20
b) Variance 16, standard deviation 4
Step-by-step explanation:
For each question, there are only two possible outcomes. Either you guesses the answer correctly, or you do not. The probability of guessing the answer of a question correctly is independent of other questions. So we use the binomial probability distribution to solve this question.
Binomial probability distribution
Probability of exactly x sucesses on n repeated trials, with p probability.
The expected value of the binomial distribution is:
[tex]E(X) = np[/tex]
The variance of the binomial distribution is:
[tex]V(X) = np(1-p)[/tex]
The standard deviation of the binomial distribution is:
[tex]\sqrt{V(X)} = \sqrt{np(1-p)}[/tex]
100 questions
So n = 100.
You guess
5 options, one correct. So [tex]p = \frac{1}{5} = 0.2[/tex]
(a) What is your expected score on the exam?
[tex]E(X) = np = 100*0.2 = 20[/tex]
(b) Compute the variance and standard deviation of x.
Variance:
[tex]V(X) = np(1-p) = 100*0.2*0.8 = 16[/tex]
Standard deviation:
[tex]\sqrt{V(X)} = \sqrt{16} = 4[/tex]