You Are Given the Four Payout Option Show Below for a Coin

question 15

Multiple Choice

You are given the four payout option show below for a coin toss. If you are using a maximum strategy, which option do you choose?

• A)Heads you win $500, tails you lose $100
• B)Heads you win $1,000, tails you lose $110
• C)Heads you win $50, tails you lose $25
• D)Heads you win $5, tails you lose $0

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