This Is Gamble 1: Do You Prefer a Sure Win

question 24

Multiple Choice

This is gamble 1: do you prefer a sure win of $5 or a 75% chance to win $8? This is gamble 2: in the first stage, you have an 80% chance to end the game with no prize and a 20% chance to move to the second stage. Before completing the first stage, you must select one of the following second-stage choices: do you prefer a sure win of $5 or a 75% chance to win $8? This is gamble 3: do you prefer a 20% chance to win $5 or a 15% chance to win $8? Because of framing, which two of the gambles do people tend to treat incorrectly as identical?

• A) gamble 1 and 2
• B) gamble 2 and 3
• C) gamble 1 and 3

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Definitions:

Evidence-Based Practice

A decision-making process that integrates the best available research with clinical expertise and patient values.

Process Model

A framework or diagram that describes the sequential steps or stages of an operation or process, outlining how to achieve a specific outcome.

Individual Practitioner

A professional who practices their skill or profession independently, often providing services to clients or patients.

Mezzo-Level

Mezzo-level refers to an intermediate scope or scale, particularly in social work, focusing on small communities, groups, or organizations rather than individuals or larger societal structures.