Emilie Is Presented the Following Gamble: One Door Has $100

question 150

Multiple Choice

Emilie is presented the following gamble: one door has $100 behind it,another has $20 behind it,and another has $0 behind it.What is the expected value of this gamble?

• A) $120
• B) $40
• C) $20
• D) $60
• E) Answer requires more information.

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