#1
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Beat: I missed a question on my Economics Final b/c of gambler mindset
I Put b for #1, obv.
But for #2, I put (A) and the answer is c. Dispute? [img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/confused.gif[/img] PART I – MULTIPLE CHOICE (2 pts. each, 20*2=40 pts. total) 1) Suppose I offer you the following gamble: I will take a deck of cards, give them to you to shuffle and then turn over the first card. If the card is from a black suit (i.e., a club or a spade), I will give you $10. If the card is from a red suit (i.e., a diamond or a heart), you must pay me $5. This is an example of a) A fair gamble b) A better-than-fair gamble c) A worse-than-fair gamble d) A gamble that any rational person would take. e) Both b) and d). 2) Refer to the previous question. Suppose you turn down the gamble I offer you. From this, I can conclude that a) You are irrational b) You are risk-loving c) You are risk-averse d) You are risk-neutral. |
#2
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Re: Beat: I missed a question on my Economics Final b/c of gambler min
lol @ $5 being a risk
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#3
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Re: Beat: I missed a question on my Economics Final b/c of gambler min
exactly. WTF?
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#4
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Re: Beat: I missed a question on my Economics Final b/c of gambler min
If you put (a) for #2, why didn't you pick (e) for #1?
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#5
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Re: Beat: I missed a question on my Economics Final b/c of gambler min
how do u put a for 2 if u didnt put d for 1?
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#6
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Re: Beat: I missed a question on my Economics Final b/c of gambler min
#1 is E
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#7
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Re: Beat: I missed a question on my Economics Final b/c of gambler min
How is "E" not the answer to #1?
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#8
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Re: Beat: I missed a question on my Economics Final b/c of gambler min
you kinda missed the first question too, obv answer is e)
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#9
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Re: Beat: I missed a question on my Economics Final b/c of gambler min
lol this is hilarious, you should dispute it but you know they are just gonna say "some people dont like to gamble doesnt mean they arent irrational"
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#10
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Re: Beat: I missed a question on my Economics Final b/c of gambler min
[ QUOTE ]
How is "E" not the answer to #1? [/ QUOTE ] Bankroll issues/risk of ruin? |
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