Table 1.
Safe Option | Risky Option |
---|---|
CAD$3.00 guaranteed | 80% probability (8/10) of receiving CAD$3.75 |
CAD$3.00 guaranteed | 60% probability (6/10) of receiving CAD$5.00 |
CAD$3.00 guaranteed | 40% probability (4/10) of receiving CAD$7.50 |
CAD$3.00 guaranteed | 30% probability (3/10) of receiving CAD$10.00 |
CAD$3.00 guaranteed | 20% probability (2/10) of receiving CAD$15.00 |
CAD$3.00 guaranteed | 10% probability (1/10) of receiving CAD$30.00 |