The probabilities and gain or loss for guessing on a standardized test is shown in the table to the right. Suppose that you eliminate one of the possible five answers. Modify the two probabilities shown by finding the probabilities of guessing correctly and guessing incorrectly under these circumstances. What is the expected point value of a random guess? Is it advantageous to guess under these circumstances? Outcome Guess correctly Guess incorrectly Gain or Loss Probability 1 5 4 5 Choose the correct answer below, and fill in the answer box to complete your choice. (Type an integer or a decimal rounded to two decimal places as needed.) OA. The expected point value is B. The expected point value is so it is not advantageous to guess. so it is advantageous to guess.

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