Consider the Following Scenario When Answering the Following Questions

question 160

Multiple Choice

Consider the following scenario when answering the following questions:
Suppose that,in an experimental setting,100 students are asked to choose between Gamble A and Gamble B,where:
Gamble A: The student will receive $5 million with a 100 percent probability.
Gamble B: The student will receive $5 million with a 51 percent probability,$10 million with a 25 percent probability,and $0 million (nothing) with a 24 percent probability.
-What is the expected value of Gamble B?

• A) $5 million
• B) $5.01 million
• C) $5.05 million
• D) $10 million
• E) $0 million

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Definitions:

Bulimia Nervosa

A mental health disorder characterized by a cycle of binge eating followed by purging to try to control weight.

Normal Weight

A weight range considered healthy and appropriate for a person's height, as defined by medical and nutritional guidelines.

Appetite Suppressant

A drug or supplement designed to reduce appetite and help control calorie intake, often used in the management of obesity.

Serotonin

A neurotransmitter involved in various functions within the body, including mood regulation, appetite, and sleep, often associated with feelings of well-being and happiness.