Table 1.

Gambles used (outcomes are in CHF)

Gamble	Outcome 1	Outcome 2	Outcome 3	Mean	Variance	Skewness
Negative skewness	5	49	51	35	450	−1.72
No skewness	9	35	61	35	450	0
Positive skewness	19	21	65	35	450	1.72
Low variance	26	35	44	35	54	0
High variance	5	35	65	35	600	0
Low mean	1	27	53	27	450	0
High mean	13	39	65	39	450	0

Skewness gambles varied in skewness but not variance or mean. All outcomes had the same probability (P = 0.33) of occurrence.