Consider the Following Scenario When Answering the Following Questions

question 52

Multiple Choice

Consider the following scenario when answering the following questions:
Ivett and Desiree are considering playing a game called Twenties versus Fifties.In this game,Ivett will place a $20 bill on the table,and Desiree will place a $50 bill on the table.Both players will then toss a fair coin.If both Ivett and Desiree toss heads or if they both toss tails,Ivett wins the $70 on the table.If one woman tosses heads and the other tosses tails,Desiree wins the $70 on the table.
-For Ivett,the expected value of this game is

• A) $0.
• B) $15.
• C) $35.
• D) $70.
• E) $140.

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Definitions:

Acceptance of Change

The willingness or ability of individuals and organizations to adapt to new conditions, innovations, or transformations.

Unfreezing

The initial stage in the change process where existing patterns are destabilized or questioned to prepare for the introduction of new ways of functioning.

Resistance

The reluctance or opposition to change, often manifesting in organizational settings when employees push back against new policies or changes.

Organizational Change

The process within an organization of implementing new methods, procedures, or technologies to adapt to internal or external shifts.