Imagine you are in a game show, where "free" money is given away..... There are 4 prizes


Question: (6 points) Imagine you are in a game show, where "free" money is given away..... There are 4 prizes hidden on a game board with 16 spaces. One prize is worth $4000, another is worth $1500, and two are worth $1000.

But, wait!!! You are also told that, in the rest of the spaces, there will be a bill of $50 that you have to pay to the host as a penalty for not making the "wise" choice.

In this game show, you are actually given a choice, a real choice.

Choice #1: You are offered a sure prize of $400 cash, and you just take the money and walk away. Period. No question asked.....

Choice #2: Take your chance and play the game.......

What would be your choice? Take the money and run, or play the game? Please explain your decision.

Price: $2.99
Solution: The solution file consists of 1 page
Type of Deliverable: Word Document

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