Question
Imagine you are in a game show, wherethere are 4 prizes hidden on a game board with 16 spaces. One prize is worth $4000, another
Imagine you are in a game show, wherethere 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.
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? Why???
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