A mathematics competition uses the following scoring procedure to discourage students from guessing
(choosing an answer randomly) on the multiple-choice questions. For each correct response, the score is 7. For
each question left unanswered, the score is 2. For each incorrect response, the score is 0. If there are 5 choices
for each question, what is the minimum number of choices that the student must eliminate before it is advan-
tageous to guess among the rest?
If no answer choices are eliminated, the expected value for guessing is:
7⋅51+0⋅54=57
This is less than the value for leaving it unanswered, so we need to eliminate something. Suppose we were able to eliminate one answer and then guess:
7⋅41+0⋅43=47
Eliminating one more choice:
7⋅31+0⋅32=37
The minimum number of choices we would need to eliminate is 2.