FIGURE 2.

“I dealt out this random game of Texas Hold-Em Poker. Each hand of two cards is unique, but is subject to the same set of variables introduced by “the dealer” to build the best hand of five cards. With one more variable (the River card) yet to be introduced, each participant can evaluate strengths, calculate probabilities, assess risks and make a decision on completing the hand. In real life, each study participant comes to the table with a unique hand of experiences and qualities. Within the parameters of an Observational study, “the dealer” can analyze the response behavior and decisions of the participants in order to predict outcomes.”