People who are risk takers
A) prefer a sure thing over a gamble with a higher expected value.
B) choose the outcome with the highest expected value.
C) choose the outcome with the lowest expected value.
D) prefer gambles with lower expected values but potentially higher winnings over a sure thing.
E) do not partake in any risky activities.

Question

Quizplus · Accepted Answer

Risk takers are more likely to opt for gambles with lower expected values but potentially higher winnings over a sure thing. They tend to derive satisfaction from the thrill of taking risks and the potential for high rewards.

People Who Are Risk Takers