Use the Following to Answer Questions

question 42

Multiple Choice

Use the following to answer questions:
-(Table: Income and Utility for Tyler) The table Income and Utility for Tyler shows the utility Tyler receives at various income levels, but she does not know what her income will be next year. There is a 40% chance her income will be $20,000, a 40% chance her income will be $30,000, and a 20% chance her income will be $40,000. What level of certain income matches her expected utility, given the uncertainty?

• A) $28,000
• B) $25,000
• C) $26,516
• D) $29,000

---

Definitions:

Extinction

In psychology, extinction refers to the gradual weakening and eventual disappearance of a learned response when the reinforcement is no longer provided.

Operant Conditioning

A way of learning that involves changing the strength of a behavior using either supportive stimulants or corrective measures.

Shaping

A technique in operant conditioning that involves reinforcing behaviors that are increasingly closer to the desired behavior.

Conditioned Response

A learned response to a previously neutral stimulus that has become conditioned.