{% 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 guaranteed |
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€6.50 guaranteed |
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€6 guaranteed |
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€5.50 guaranteed |
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€5 guaranteed |
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€4.50 guaranteed |
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€4 guaranteed |
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€3.50 guaranteed |
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Question 1
Suppose the computer has chosen the decision in row 2 for payment and you chose the guaranteed option (Option B) in that row
|
€8 with a probability of 40% or €2 with a probability of 60%. |
€6.50 guaranteed |
|
Question 2
Suppose the computer has chosen the decision in row 8 for payment and you chose the guaranteed option (Option A) in that row
|
€8 with a probability of 40% or €2 with a probability of 60%. |
€3.50 guaranteed |
|