You Are Given the Following Gamble: Behind One Door Is

question 9

Multiple Choice

You are given the following gamble: behind one door is $500; behind another is $100; behind another is $0. What is the expected value of the gamble?

• A)$600
• B)$200
• C)$300
• D)We need more information in order to answer

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Definitions:

Least Accurate

Describes the lowest level of precision or correctness in measurements or information.

Celsius

A scale and unit of measurement for temperature where 0 degrees represents the freezing point and 100 degrees the boiling point of water under standard atmospheric conditions.

98.6ºF

Traditionally considered the average normal body temperature in degrees Fahrenheit for humans, although recent studies suggest variations.

Axillary Temperature

Body temperature taken from the armpit area, which is typically lower than the core body temperature measured orally or rectally.