Wat does expected value theory tell you that you should


Answer the following 2 questions
1.Reasoning

Reflect on the process associated with reasoning and discuss the following:

Consider the following choice. I will give you a free $5 bill, no strings attached. Optionally, I will allow you to flip a coin: heads you win $10, tails you win nothing. Do you want the $5, or do you want to flip the coin? What does expected value theory tell you that you should do? Does this accurately represent your feeling about the decision?

2,Reflect on the process associated with problem solving and discuss the following:

When trying to solve a problem, you might have been instructed to "stop thinking about it and come back to it later." Based on what you have learned this week about impasses, do you think this is good advice? Why or why not?

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