So in case of a 4-choice question, your guess chance is 0.25). Your instructor offers you the opportunity to choose...
patick21So in case of a 4-choice question, your guess chance is 0.25). Your instructor offers you the opportunity to choose amongst the following exam formats: I. 6 questions of the 4-choice type; you pass when 5 or more answers are correct; II. 5 questions of the 5-choice type; you pass when 4 or more answers are correct; III. 4questions of the 10-choice type; you pass when 3 or more answers are correct. Rank the three exam formats according to their attractiveness. It should be clear that the format with the highest probability to pass is the most attractive format. Which would you choose and why?
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