Each Question on a Multiple-Choice Exam Has Four Choices

question 33

Multiple Choice

Each question on a multiple-choice exam has four choices. One of the choices is correct, worth four points. Another choice is wrong but carries partial credit of one point. The other two choices are wrong and worth negative one point. If a student picks answers at random, what is the expected value of his or her score for a problem?

• A)0.25
• B)1.25
• C)0.75
• D)1.50

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Definitions:

Nonmonetary Rewards

Incentives provided to employees that do not involve direct payment, such as recognition, promotions, or professional development opportunities.

Base Salary

The initial rate of compensation an employee receives in exchange for services, not including additional bonuses, benefits, or overtime.

Pay Perception

An individual's understanding and evaluation of how their compensation compares to others and its fairness, adequacy, and alignment with their contributions.

Skill-Based Pay System

A compensation strategy where employees are paid based on the skills, knowledge, and capabilities they bring to their job, rather than their job title or position alone.