Question: Question 2. Remember that when making decisions under uncertainty, one approach is for risk takers and one is for those who are risk adverse. If

Question 2. Remember that when making decisions under uncertainty, one approach

Question 2. Remember that when making decisions under uncertainty, one approach is for risk takers and one is for those who are risk adverse. If the outcome was important to you, which approach would you choose and why? There is no correct answer, this question is meant for you to think about your own approach to decision making (13 points) Question 3. Given the probabilities for each of the options happening, complete the Expected Monetary Values (EMV) under Risk table below (42 points, 7 points each). Do not use commas in your answers, they will be added for you. Question 3-b(5 points) Which option do we select

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