A multiple-choice exam has 100 questions. Each question has four choices. (a) What minimum score should be required to reduce the chance of passing by random guessing to 5 percent? (b) To 1 percent? (c) Find the quartiles for a guesser. Explain fully.
At a certain fire station, false alarms are received at a mean rate of 0.2 per day. In a year, what is the probability that fewer than 60 false alarms are received? Explain fully and show all steps.
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