A Fair Bet Is a Game Whose Expected Value Is

question 49

True/False

A fair bet is a game whose expected value is positive.

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Definitions:

Nativist Approach

A theory in psychology that suggests certain skills or abilities are "native" or hard-wired into the brain at birth.

Universal Grammar

A theory in linguistics that suggests the ability to acquire language is innate to humans and that all human languages share a common underlying structure.

Noam Chomsky

An influential linguist, philosopher, and cognitive scientist known for his theory of generative grammar and critique of behaviorism.

Socioeconomic Status

A measure of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.