Suppose That,in an Experimental Setting,100 Students Are Asked to Choose

question 2

Multiple Choice

Suppose that,in an experimental setting,100 students are asked to choose between Gamble A and Gamble B,where:

Gamble A: The student will receive $5,100 with a 70 percent probability and $200 with a 30 percent probability.

Gamble B: The student will receive $5,100 with a 50 percent probability,$200 with a 25 percent probability,and $0 (nothing) with a 25 percent probability.

What is the expected value (EV) of Gamble B?

• A) EV =0.7 * ($5,100)+ 0.3 * ($200)
• B) EV = 0.5 *($5,100)+ 0.25*($100)+0.25 * ($25)
• C) EV = 0.5 *($5,100)+0.25 *($200)+ 0.25 * ($25)
• D) EV= 0.5 *($5,100)+ 0.25 * ($200)+ 0.25 *($0)
• E) EV =0.5 *($2,600)+ 0.25 *($2,600)+ 0.25 * ($0)

Recognize the role of accreditation standards in guiding curriculum and best practices in psychological assessment.

Connect laws and acts to their respective descriptions, appreciating their implications on assessment, confidentiality, and accommodation.

Learn the steps of Corey, Corey, and Callanan's ethical decision-making model and its application in ethical dilemmas.

Understand the influence of culture and religiosity on adolescent behavior and family dynamics.

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