Consider the Following Compound Lotteries: First a Coin Is Flipped $54 \%$

Consider the following compound lotteries: first a coin is flipped. If the coin comes up heads, you get to play out either simple lottery A or simple lottery B, where lottery A is given by
$54 \%$ chance of $\$ 99$ and lottery B is given by a $24 \%$ chance of $\$ 199$ . Before flipping the coin, you must choose between lottery A and lottery B.
a. Suppose you edit in the following order: Cancelation, Simplification. What do you perceive the final lottery choices to be?
b. Now suppose you edit in the following order: Combination, Simplification. What do you perceive the final lottery choices to be?