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Consider the following gaming scenario. You have \( \$ 10 \) in your pocket and have to choose between two options: A) \( 89 \% \) chance of getting \( \$ 800 ; 10 \% \) chance …

Consider the following gaming scenario. You have \( \$ 10 \) in your pocket and have to choose between two options: A) \( 89 \% \) chance of getting \( \$ 800 ; 10 \% \) chance …
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Consider the following gaming scenario. You have \( \$ 10 \) in your pocket and have to choose between two options: A) \( 89 \% \) chance of getting \( \$ 800 ; 10 \% \) chance of losing \( \$ 500 ; 1

asked
User Pavan Kumar Sunkara
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7.9k points

1 Answer

3 votes
I think it’s A because it’s a 50/50 chance
answered
User Madhukar Mohanraju
by
8.9k points
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