Current Attempt in Progress

You have plans to go out for dinner with friends tonight. When you text one of them that you are on your way, she mentions the exam

you both have in financial accounting tomorrow morning. You completely forgot about this exam, and you have not studied for it$!$ You

will lower your letter grade for the class if you don't get at least an $82\%$ on this exam. For the last few exams, you have studied and felt

prepared, and your grades have been between $80\%$ and $90\%.$ You think it is highly likely you will not get an $82\%$ on this test if you don't

do something about it$.$ Listed below are the actions you could take. Match each action with one of the following risk responses:

acceptance, avoidance, mitigation, or transfer. An action may fit more than one risk response type, so choose the ones you think match

best.

You cancel your plans and stay up all night cramming. You risk being tired during the test,

but you think you can cram enough to just maybe pull this off.

You cancel your plans and study for two hours before your normal bedtime and get a good

night's rest. Maybe that is going to be enough.

You go to dinner but come home right after to study the rest of the night. You think you can

manage both.

You go to dinner and stay out with your friends afterward. It is going to be what it is going to

be$,$ and it is too late for whatever studying you can do to make any difference anyway.

You tell your friends you are sick and tell your professor you are too sick to attend class the

next day. You schedule a makeup exam for next week and spend adequate time studying for

it$.$

You pay someone else to take the exam for you. $($Note: It happens, although this is a terrible

idea. Never do this! It is unethical, and the consequences may be severe.$)$