In 2014, Approximately What Percentage of Internet Users Over the Age

question 62

Multiple Choice

In 2014, approximately what percentage of Internet users over the age of 14 made a purchase at an online retail store?

• A) 35%
• B) 55%
• C) 75%
• D) 95%

---

Definitions:

Expected Utility Function

An expected utility function quantifies an individual's preferences under uncertainty, ranking them according to the expected level of satisfaction or utility.

Sure Payment

A guaranteed or fixed payment that is certain to be paid, without any risk or fluctuation.

Probability

A quantification of how probable an event is, with the scale going from 0 to 1.

Lottery

A lottery is a form of gambling which involves drawing lots for a prize, or the allocation of a resource or a chance event resulting in a significant gain to the holder.