{% extends "global/Base.html" %} {% load staticfiles otree_tags %} {% block title %} Your payment for part 1
There is a prize of {{prize}}. Whether or not you receive the {{prize}} depends on how much probability you assigned to the bag that was actually drawn in that problem.
This means: if bag A was selected, your
chances of receiving {{prize}} are greater the higher the probability you assigned to bag A. If bag A was not selected, your
chances of receiving {{prize}} are greater the lower the probability you assigned to bag A.
In case you’re interested, the specific method that determines whether you get the prize is explained below:
The correct answer given the information provided is the bayesian posterior, which we will denote by b. A lottery will be implemented such that your chance of winning $10 is: