Hence, the answer is:
[tex]\dfrac{1}{4}[/tex]
It is given that:
A correct answer is awarded 4 points, but an incorrect answer costs the student 1 point.
This means that the point +4 is added if the answer is correct.
and -1 will be added if the answer is incorrect.
Also, the probability of getting a correct answer is: 1/4
( since out of 4 choices only one option is correct)
and the probability of getting a incorrect answer is: 3/4
( since out of 4 choices 3 are incorrect)
Hence, the expected point the student should expect to get per question is:
[tex]E(X)=\dfrac{1}{4}\times (+4)+\dfrac{3}{4}\times (-1)\\\\i.e.\\\\E(X)=1-\dfrac{3}{4}\\\\i.e.\\\\E(X)=\dfrac{1\times 4-3}{4}\\\\i.e.\\\\E(X)=\dfrac{4-3}{4}\\\\i.e.\\\\E(X)=\dfrac{1}{4}[/tex]