If Given the Opportunity to Bet on a Coin Flip

question 165

Multiple Choice

If given the opportunity to bet on a coin flip that would pay them $100 if they are right and cost them $80 if they are wrong,most people _____ take the bet because _____.

• A)will;the odds are stacked in their favour
• B)will;the majority of people like to gamble
• C)will not;they will lose 50% of the time
• D)will not;losing $80 feels worse than does winning $100

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Definitions:

Burglary

The unlawful entry into a building or other premises with the intent to commit theft or any other felony.

Fourth Amendment Protections

Constitutional safeguards that protect individuals against unreasonable searches and seizures by the government.

Search Warrant

A court order that authorizes law enforcement agents to search for or seize items specifically described in the warrant.

Highly Regulated Industries

Sectors subject to extensive governmental regulations covering safety, quality, and compliance, such as healthcare, financial services, and energy.