Question: Choose between two prospects by showing the calculations: Problem 1: Choose between Prospect A: $2,500 with probability 0.33 $2,400 with probability 0.66 Zero with probability
Choose between two prospects by showing the calculations:
| Problem 1: Choose between | ||
| Prospect A: | $2,500 with probability | 0.33 |
| $2,400 with probability | 0.66 | |
| Zero with probability | 0.01 | |
| Prospect B: | $2,400 with probability | 1 |
| Problem 2: Choose between | ||
| Prospect C: | $2,500 with probability | 0.33 |
| Zero with probability | 0.67 | |
| Prospect D: | $2,400 with probability | 0.34 |
| Zero with probability | 0.66 | |
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