Without making any calculations, just off the bat, which of the two following gambles would you initially be inclined to choose? Gamble 1: Get $10M for sure Gamble 2: Get $10M with 89% probability, $50M with 10% probability, or $0 with 1% probability And what about if the choice was between the following? Gamble 3: Get $10M with 11% probability, or $0 with 89% probability Gamble 4: Get $50M with 10% probability, or $0 with 90% probability Explain your reasoning as clearly as you possibly can. Are your choices in line with the recommendation that one should choose the act that maximises expected value? Justify your answer with a quick calculation.