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Risk Analysis Questions (Abhishek Task)

The document presents three risk analysis questions with two options each: a sure option or a 50% chance option. It then outlines a backend logic to score users based on their choices, with a score of 6/6 for always choosing the chance option and 1/6 for always the sure option.

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KARAN KAPOOR PGP 2021-23 Batch
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17 views1 page

Risk Analysis Questions (Abhishek Task)

The document presents three risk analysis questions with two options each: a sure option or a 50% chance option. It then outlines a backend logic to score users based on their choices, with a score of 6/6 for always choosing the chance option and 1/6 for always the sure option.

Uploaded by

KARAN KAPOOR PGP 2021-23 Batch
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Risk Analysis Questions (Abhishek task)

1) If you are given two options.


a) Sureshot Rs 100
b) 50% chance of getting 200 and 50% chance of getting 0

Which one will you choose.

2) If you are given two options.


a) Sureshot Rs 100
b) 50% chance of getting 300 and 50% chance of getting 0

Which one will you choose.

3) If you are given two options.


a) Sureshot Rs 100
b) 50% chance of getting 150 and 50% chance of getting 0

Which one will you choose.

Backend logic (Karan task)

Risk score would be based on-


1) If someone choose option b in all 3 scenarios, then we will give them a score of 6/6
2) If someone choose option a in all 3 scenarios then we will give them a score of 1/6
3) If someone choose indifferent in 1st and b in second and a in third then we will give them a
3/6 rating.

4) If someone choose option b in 1st and 2nd and option a in 3rd then we will give them a ⅚
rating.

5) If someone choose option b in 2nd and option a in other two then we will give them a 4/6
rating

6) If someone choose option indifferent in 1st and option a in 2nd and 3rd then we will give
them 2/6 rating

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