Comparing a Lottery Where a $1 Ticket Purchases a Chance

question 100

Multiple Choice

Comparing a lottery where a $1 ticket purchases a chance to win $1 million with another lottery in which a $5,000 ticket purchases a chance to win $5 billion, we notice many people would participate in the first but not the second, even though the odds of winning both lotteries are the same. We can perhaps best explain this outcome by:

• A) higher expected value for the lottery paying $1 million.
• B) higher expected value for the lottery paying $5 billion.
• C) lower value at risk for the lottery paying $1 million.
• D) higher value at risk for the lottery paying $1 million.

Identify societal, racial/ethnic, and age-related differences in suicide rates and behaviors within the United States.

Comprehend psychological theories related to the causes of suicide, including Freud's theory.

Understand the impact of media on suicide rates and the phenomenon of social contagion in suicide.

Recognize the methods and trends of suicide among different genders and demographics.

---

Definitions:

Radical Activists

Individuals or groups who take extreme actions to effect change in pursuit of their political, social, or environmental goals.

Laboratory Experiments

Research methods that involve the manipulation of one or more variables in a controlled environment to observe the effects on behavior.

Confounding Variables

These are variables that the researcher failed to control, or eliminate, damaging the internal validity of an experiment by providing a possible alternative explanation for outcomes.

External Validity

How broadly the outcomes of a research project can be extended to different contexts and populations.