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QUESTION 22 What is the EMV of an opportunity that has a 25% chance of giving you $0, a 50% chance of giving you $100,

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QUESTION 22 "What is the EMV of an opportunity that has a 25% chance of giving you $0, a 50% chance of giving you $100, and a 25% chance of giving you $400?" 100 150 175 None of the other answers QUESTION 23 "For the following questions, there is one decision with two alternatives (Alternative 1 and Alternative 2), and one uncertainty with two possible outcomes (Outcome A and Outcome B). Alternative 1 gives an ultimate payoff of +$30 under outcome A and $5 under outcome B. Alternative 2 gives an ultimate payoff of -$10 (that is a loss) under outcome A and +$25 under outcome B. The probably of Outcome A is 30% and the probability of Outcome B is 70%" CLICK HERE QUESTION 24 "Which alterative has the maximum minimum value, that is, the least bad downside?" Alternative 1 Alternative 2

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