{% extends "global/Page.html" %} {% load staticfiles otree %} {% load i18n %} {# ****************************************************************************************************************** #} {# *** STYLES *** #} {# ****************************************************************************************************************** #} {% block styles %} {% endblock %} {# ****************************************************************************************************************** #} {# *** TITLE *** #} {# ****************************************************************************************************************** #} {% block title %} Task 1 – Quiz {% endblock %} {# ****************************************************************************************************************** #} {# *** CONTENT *** #} {# ****************************************************************************************************************** #} {% block content %} {# ****************************************************************************************************************** #} {# *** STYLES *** #} {# ****************************************************************************************************************** #} {# ****************************************************************************************************************** #} {# *** SCRIPTS *** #} {# ****************************************************************************************************************** #} {# ****************************************************************************************************************** #} {# *** CONTENT *** #} {# ****************************************************************************************************************** #}
Please consider the choice table below. Then answer the two questions at the bottom of the page.
| {% trans "Option A" %} |
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{% trans "Option B" %} | |||||
|---|---|---|---|---|---|---|---|
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$8 with a probability of 40%
or $2 with a probability of 60%. |
$7 fixed |
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$6.50 fixed |
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$6 fixed |
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$5.50 fixed |
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$5 fixed |
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$4.50 fixed |
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$4 fixed |
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$3.50 fixed |
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Question 1
Suppose the computer has chosen the decision in row 2 for payment and you chose the fixed option (Option B) in that row
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$8 with a probability of 40% or $2 with a probability of 60%. |
$6.50 fixed |
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Question 2
Suppose the computer has chosen the decision in row 8 for payment and you chose the lottery option (Option A) in that row
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$8 with a probability of 40% or $2 with a probability of 60%. |
$3.50 fixed |
|