Examlex
Suppose you guessed and incorrectly answered a multiple-choice question that had five options as possible answers, with each option equally likely and only one correct answer. What is the probability of your guessing the answer INCORRECTLY?
Problem
A situation, question, or issue that presents difficulty, uncertainty, or challenge, requiring resolution or solution.
Opportunity
A chance or set of circumstances that makes it possible to do something.
Programmed Decision
Decisions made in response to routine, predictable situations through the use of established procedures or rules.
Local Electronics Store
A retail outlet specializing in the sale of electronic devices and related accessories to consumers.
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