You could watch some sitcoms on TV that you are certain to enjoy Answer

1. QUESTION
You have three options for the evening.
(a) You could watch some sitcoms on TV that you are certain to enjoy and that will provide you with a relative pleasure rating of 4.
(b) You could go to a movie that is supposed to be good. You would enjoy the movie with probability 0.5; if you enjoy it, it will provide you with a relative pleasure rating of 11, but if you don’t enjoy it, it will provide a negative rating of −2.
(c) You could go on a date. With probability 0.3 you will experience a pleasure rating of 22, and with probability 0.7 the date will provide a negative rating of −2.
What are the expected values of pleasure for these individual activities?
TV expected value =
Movie expected value =
Date expected value =