When Similar Criteria for Defining Use of Alcohol and Illicit

question 20

Multiple Choice

When similar criteria for defining use of alcohol and illicit drugs were used, all but which was found:

• A)the majority of prisoners reported use of alcohol at the time of their offense
• B)about the same percent of state inmates reported using alcohol versus other drugs at the time of their offense
• C)among federal inmates, more reported alcohol than other drug use at the time of their offense
• D)overall, less than a third of prisoners reported alcohol use at the time of their offense

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Definitions:

Expected Utility

A concept in economics and finance that calculates the anticipated utility of different choices, taking into account the various possible outcomes and their probabilities.

Expected Utility Function

A mathematical representation of a decision-maker's preference over uncertain outcomes, emphasizing the expected level of satisfaction or value.

Probability

A numerical assessment between 0 and 1 indicating how probable it is for an event to take place.

Expected Value

The weighted average of all possible values of a random variable, with weights being their respective probabilities.