You took a job as a salesperson in an insurance company with the knowledge that you have 0.5 chance of making $2,000 a month or $3,000 a month. How much will you make each month?
A) definitely $2,500
B) definitely $2,000
C) definitely $3,000
D) either $2,000 or $3,000

Question

Quizplus · Accepted Answer

The probability of making $2,000 or $3,000 is 0.5 each, meaning you will make either $2,000 or $3,000 each month, not a definite amount.

You Took a Job as a Salesperson in an Insurance