Question #10935

A student has the opportunity to take a test at most thrice.the student knows that each time he takes the test,his score is an independent random draw from the uniform distribution on the interval [0,100].
After learning his score on a test,the student can either stop and accept it as his official score,or he can discard the result and retake the test.If the student rejects his score twice and takes the test a third time,that score will be his official score.
If his objective is to maximise his expected official score,the student will decide to be retested after the very first test if and only if his score is less than....
a. 50
b. 62.5
c. 75
d. 87.5
explain

Expert's answer

Clear, the answer is a, because if his result is less than 50, then with probability more than 0:5 he will receive better results in the second or third trial. For instance, if he gets 75, then with only probability 0:15 he will get better result, so it is not reasonable to risk in this case.

**Answer, a)**

## Comments

Assignment Expert15.06.16, 17:05Dear Divya.=t.

Please provide explanations on your choice. The mean of uniformly distributed variable on the interval [0;100] is 50. Random variable Z=Y*1(X

Divya14.06.16, 14:34the right answer is 62.5

Assignment Expert03.07.12, 15:20You're welcome. We are glad to be helpful.

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srijita24.06.12, 23:16Thank you!!

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