A person is betting a coin will come up heads or tails.The coin always lands on one of these two outcomes.This person can bet to
A) eliminate only the systematic risk.
B) eliminate only the random risk.
C) eliminate all risk.
D) All of the above.

Question

Quizplus · Accepted Answer

In a fair coin toss, there is always a 50% chance of either heads or tails, meaning there is inherent randomness and no systematic risk to eliminate. Therefore, it is impossible to eliminate all risk in this scenario.

A Person Is Betting a Coin Will Come Up Heads