Instruction 17-2
the Following Payoff Table Shows Profits Associated with a Set

question 23

Multiple Choice

Instruction 17-2
The following payoff table shows profits associated with a set of three alternatives under two possible events.
$\begin{array} { c r r r } States & A 1 & A 2 & A 3 \\\hline 1 & 12 & - 2 & 8 \\2 & 4 & 10 & 5\end{array}$
where: $\quad S 1$ is event $1 \quad A 1$ is action alternative 1
$\quad\quad\quad\quad S 2$ is event $2 \quad A 2$ is action alternative 2
$\quad\quad\quad\quad\quad\quad\quad A 3$ is action alternative 3
-Referring to Instruction 17-2,if the probability of S1 is 0.5,then the return to risk ratio (RTRR) for A1 is

• A)2.
• B)4.333.
• C)1.5.
• D)0.667.

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Definitions:

Speaker

An individual who expresses thoughts, feelings, or information verbally to others.

Elaboration Likelihood Model

A theory of persuasion which proposes that persuasive messages can influence attitudes by two different routes: central or peripheral.

Central Route

A method of persuasion that involves in-depth analysis of the content of a message, leading to lasting attitude change.

Peripheral Route

A method of persuasion that relies on cues outside of the message content itself, such as the attractiveness or credibility of the source.