If There Is a 50% Probability That Joseph Will Earn

question 156

Multiple Choice

If there is a 50% probability that Joseph will earn $10 per hour at his job today and a 50% probability that he will earn $20 per hour today,his expected pay per hour is:

• A)$10.00.
• B)$12.50.
• C)$15.00.
• D)$20.00.

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Definitions:

Deficiency Motive

A motivation that arises from the lack or deficit of some need or desire, driving behavior to fulfill that need.

Hierarchy

Hierarchy refers to a system or organization in which people or groups are ranked one above the other according to status or authority.

Possession

The act of owning or having control over an object, quality, or situation.

Psychologically Healthy

A state of well-being where an individual recognizes their abilities, can cope with the normal stresses of life, can work productively, and is able to contribute to their community.