On a Multiple Choice Test with Four Possible Answers for Each

question 15

Multiple Choice

On a multiple choice test with four possible answers for each question, what is the probability of answering a question correctly if you make a random guess?

• A) \(\frac { 1 } { 4 }\)
• B) 1
• C) \(\frac { 1 } { 2 }\)
• D) \(\frac { 3 } { 4 }\)

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Definitions:

Good

A physical item that is produced and can be sold or traded to satisfy people's wants or needs.

Service

An intangible activity or benefit provided to satisfy the needs of a consumer or business.

Essential Goods

Items considered necessary for basic human survival and well-being, such as food, water, and shelter.

Nonessential Goods

Goods considered as luxuries or not necessary for basic living, often subject to reduced spending during economic downturns.