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  3. in a study, 61 people were given 25 dollars and to

In a study, 61 people were given 25 dollars and told to place bets on...

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In a study, 61 people were given 25 dollars and told to place bets on a coin flip which they were told was biased. The coin would flip heads 60% of the time. They were allowed to bet for a total

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