Which Equation Represents the Way Complex, Multicomponent Decisions Would Be $\times$

question 40

Multiple Choice

Which equation represents the way complex, multicomponent decisions would be made according to utility theory?

• A) Expected value = [(probability of outcome 1)\(\times\) (utility of outcome 1)]\(\times\)
• [(probability of outcome 2)\(\times\) (utility of outcome 2)]
• B) Expected value = [(probability of outcome 1)\(\times\) (utility of outcome 1)] +
• [(probability of outcome 2)\(\times\) (utility of outcome 2)]
• C) Expected value = [(probability of outcome 1)\(\times\) (utility of outcome 1)] -
• [(probability of outcome 2)\(\times\) (utility of outcome 2)]
• D) Expected value = [(probability of outcome 1)\(\times\) (utility of outcome 1)] ÷
• [(probability of outcome 2)\(\times\) (utility of outcome 2)]

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Definitions:

Persuasive Messages

Communications designed to convince or influence the audience to adopt a certain viewpoint or take a specific action.

Strategies

Plans of action designed to achieve a long-term or overall aim.

Persuasive Message

A type of communication aimed at influencing the attitudes, beliefs, or behaviors of others through reasoning or appeal.

Evidence

Information or data that supports a claim or helps establish the truth of a statement.