Solve the Problem. Round to Four Decimal Places

question 110

Multiple Choice

Solve the problem. Round to four decimal places.
-A literature professor decides to give a 10-question true-false quiz. She wants to choose the passing grade such that the probability of passing a student who guesses on every question is less
Than .10. What score should be set as the lowest passing grade?

• A)8
• B)9
• C)6
• D)7

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Definitions:

Scanlon Plan

A gainsharing program designed to encourage productivity and cost-saving initiatives by sharing the resultant financial gains with employees.

Labour Input

The total hours worked by employees or the effort put in by employees towards the production of goods or services.

Gain-Sharing Plans

Performance-based compensation strategies designed to encourage teamwork and improve productivity by sharing the financial gains with employees.

Historical Baseline

A reference point derived from past data, typically used for comparison with current data to monitor changes or progress over time.