Civil Engineering Board Exam, November 2016

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CE Board Exam Problems, November 2016

Below are solved problems similar to November 2016 CE board examination.

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Expected Profit for the Acceptance of Estimate of an Engineering Company

Problem
An engineering company prepares an estimate for a job. The cost of preparing the estimate is Php10,000. The amount of profit over and above the Php10,000 is Php25,000 if their estimate is accepted. The probability that their estimate will be accepted 0.7 and the probability that their estimate will not be accepted is 0.3. What is the expected profit?

A.   Php12,500 C.   Php14,500
B.   Php13,500 D.   Php10,500

 

Random Steps of a Drunk Man: Probability of Escaping the Cliff

Problem
From where he stands, one step toward the cliff would send the drunken man over the edge. He takes random steps, either toward or away from the cliff. At any step his probability of taking a step away is 2/3, of a step toward the cliff 1/3. What is his chance of escaping the cliff?

A.   2/27 C.   4/27
B.   107/243 D.   1/2