Now tell us which option you would choose for the following
- 3a. Don't play and get 20,000 Naira
- 3b. You win 40,000 Naira if coin lands on heads
You don’t get anything if coin lands on tails
Categories
Value
Category
1
Don't play and get 20,000 naira
2
Win 40,000 heads / nothing tails
Sysmiss
Warning: these figures indicate the number of cases found in the data file. They cannot be interpreted as summary statistics of the population of interest.