In an examination, a student can choose the order in which two questions ( and ) must be attempted.
- If the first question is answered wrong, the student gets zero marks.
- If the first question is answered correctly and the second question is not answered correctly, the student gets the marks only for the first question.
- If both the questions are answered correctly, the student gets the sum of the marks of the two questions.
The following table shows the probability of correctly answering a question and the marks of the question respectively.
Assuming that the student always wants to maximize her expected marks in the examination, in which order should she attempt the questions and what is the expected marks for that order (assume that the questions are independent)?
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Answer: D
To find the optimal strategy, we calculate the expected marks for both possible orders of attempting the questions.
Let the probabilities and marks for each question be:
- For : , Marks
- For : , Marks
Case 1: Attempting first, then
The possible outcomes and their corresponding probabilities and marks are:
- First question () is wrong:
Probability:
Marks: - is correct, but is wrong:
Probability:
Marks: - Both questions are correct:
Probability:
Marks:
The expected marks for this order () is:
Case 2: Attempting first, then
The possible outcomes and their corresponding probabilities and marks are:
- First question () is wrong:
Probability:
Marks: - is correct, but is wrong:
Probability:
Marks: - Both questions are correct:
Probability:
Marks:
The expected marks for this order () is:
Conclusion
Comparing the expected marks:
- Order yields an expected score of .
- Order yields an expected score of .
To maximize her expected marks, the student should attempt First and then , resulting in an expected score of .
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