If a gamble has an expected value of $10,then one can predict that

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When a gamble has an expected value of $10, it means that on average, a person can expect to make $10 from the gamble. Risk-neutral persons are not averse to taking risks and would take the gamble if the expected value is positive. Risk-averse persons are hesitant to take risks and would only take the gamble if the expected value is significantly higher than the cost of the gamble. Therefore, all risk-neutral persons and some risk-averse persons will take the gamble.

If a Gamble Has an Expected Value of $10,then One