You Flip a Coin and Roll a Di Simultaneously

question 10

Multiple Choice

You flip a coin and roll a di simultaneously.If the coin is heads up you win as many dollars as there are on the face of di.If the coin is tails, you must pay $3.You have the option to play or not.What should you do if you are a risk neutral person?

• A)play
• B)not play
• C)it doesn't matter, the expected value is the same

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Definitions:

Social Solidarity

The sense of community and mutual support that binds members of a society together, often seen as crucial for the stability and functioning of social groups.

Durkheim

A French sociologist, social psychologist, and philosopher who is best known for his works on social cohesion, the division of labor, and the concept of anomie.

Restorative Justice

A system of criminal justice that focuses on rehabilitating offenders through reconciliation with victims and the community at large.

Retribution

A principle of justice where the punishment of a criminal is proportionate to the offense committed, emphasizing the aspect of moral vengeance.