If Robert Is Risk-Averse, Then He Will Always

question 94

Multiple Choice

If Robert is risk-averse, then he will always

• A)choose not to play a game where he has a 50 percent chance of winning $1 and a 50 percent chance of losing $1.
• B)choose not to play a game where he has a 75 percent chance of winning $1 and a 25 percent chance of losing $1.
• C)choose to play a game where he has a 52 percent chance of winning $1 and a 48 percent chance of losing $1.
• D)All of the above are correct.

---

Definitions:

Strategic

Relating to the identification and implementation of long-term or overall aims and interests.

Mass Storage Devices

Devices designed to store large amounts of data for long-term retention; examples include hard drives, solid-state drives, and tape libraries.

Magnetic Disks

Data storage devices that use magnetic storage to record and retrieve digital information using one or more rotating disks.

Optical Storage Devices

A form of secondary storage in which a laser reads the surface of a reflective plastic platter.