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Suppose you have to practice questions and answers for two subjects : economics and mathematics. You have 8 hours to study. You are very good at answering multiple choice questions is economics : 20 questions per hour, while you are not that good in answering such questions in mathematics: 12 questions per hour. Derive your production possibility schedule and plot it.

Amar, Babu, Cera and Diya were asked to solve a question paper with 4 multiple choice questions with choices 1, 2, 3, 4. The answer sheet as marked by them is reproduced here. Babu got all answers wrong. Amar's first two answers were definitely wrong. Diya got two answers right but her fourth answer was definitely wrong. Amar and Cera each have got only one correct answer. Which of Cera's question is correct ? A. Q1 B. Q2 C. Q3 D. Q4

Amar, Babu, Cera and Diya were asked to solve a question paper with 4 multiple choice questions with choices 1, 2, 3, 4. The answer sheet as marked by them is reproduced here. Babu got all answers wrong. Amar's first two answers were definitely wrong. Diya got two answers right but her fourth answer was definitely wrong. Amar and Cera each have got only one correct answer. Which two answers of Diya is correct ? A. Q1 and Q2 B. Q 1 and Q3 C. Q2 and Q3 D. Q3 and Q4

Ex.-2 Q.1-14 (multiple choice question)

Whenever you are making a multiple choice question, wrong answer are offered as choices with the correct answer. These wrong answers are known as

In an entrance examinations there are multiple choice question. There are five possible answers to each question of which one is correct. The probability that a student knows the answer to a question is 80%. IF he gets the correct answer to the question, then the probability that he was guessing is