Standardized Test: You are trying to answer a multiple choice question on a standardized test. There are three choices. If you get the question right, you gain one point, and if you get it wrong, you...

What is the expected value of the number of points you get? Round the answer to two decimal places.

Extracted text: Standardized Test: You are trying to answer a multiple choice question on a standardized test. There are three choices. If you get the question right, you gain one point, and if you get it wrong, you lose 1 point. Assume you have no idea what the right answer is, so you pick one of the choices at random. What is the expected value of the number of points you get? What is the expected value of the number of points you get? Round the answer to two decimal places. The expected value of the number of points you get Is