Please read and follow all the instructions carefully! You will be asked to answer comprehension questions about these instructions and you will not be able to proceed unless you answer all the questions correctly. It is important that you understand the instructions well since this can help you make better decisions and hence earn more money.
You will be asked to answer comprehension questions about these instructions and you will not be able to proceed unless you answer all the questions correctly.
It is important that you understand the instructions well since this can help you make better decisions and hence earn more money.
Overview
Most participants complete this study for around half an hour.
Please start this study only if you have that much time in a single session.
If you do not complete the study, we will not be able to pay you.
This study consists of three blocks with a total of 11 guessing tasks.
Each of Blocks 1 and 2 consists of 5 tasks. Block 3 has 1 task.
After you complete the study, you will receive a $5.00 base payment.
In addition, the computer randomly selects one in two participants to receive an additional bonus payment based on your decisions.
If you are selected, the computer will use the following Bonus Rule to determine whether you get the bonus.
Bonus Rule
The computer randomly selects one task to count for bonus.
Your submitted guess in that task will determine your chance of earning the $5.00 bonus.
We designed the bonus rule to make sure that you can secure the largest chance of winning the prize by reporting your best guess.
Therefore, in each task, to maximize your chance of receiving the bonus, you should simply always submit your best guess.
Because we only pay you based on a single guess of yours, there is no point for you to strategize across tasks.
No need to rush. Take your time to process each part carefully.
Check Your Understanding
Before you proceed, we need to ask you some questions to make sure you understand the instructions. You have to get all the questions correct to proceed.
Question 1
How is your bonus determined if you are selected?
Question 2
How do you maximize your chance of winning the $5 bonus in the task?