Question: Gamble # 1 : You can either: A . Flip a coin. You will receive $ 1 0 0 if heads is showing and $

Gamble #1: You can either:
A. Flip a coin. You will receive $100 if heads is showing and $0 if tails is showing.
B. Receive an immediate $50 payoff if you agree to pass on the coin flip opportunity.
Mark your choice in one of the Gamble #1 boxes below.
Gamble #2: You can either:
C. Roll a six-sided die. You must pay $120 if you roll a 6. You pay nothing if you roll a 1,2,3,4, or 5.
D. Pay $20 immediately to avoid having to roll the die.
Mark your choice in the Gamble #2 boxes below.

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