Professional Gamblers Know That the Odds Are Always in Favor

question 53

Multiple Choice

Professional gamblers know that the odds are always in favor of the house (casinos) . The fact that they gamble says they are:

• A) irrational.
• B) risk-neutral.
• C) risk-averse.
• D) risk seekers.

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Definitions:

Machine Pacing

The rate or speed at which work is expected to be completed, dictated by the automated systems or machinery used in the production process.

Task Repetition

The repeated execution of a particular task or set of tasks, often leading to efficiency improvements but sometimes resulting in boredom or strain.

Assembly Job

Employment that involves putting together components or parts, often in a manufacturing or production line setting.

Accident-Prone

A tendency to be more likely to experience accidents than the average person.