You have the opportunity to toss either a nickel or a dime once. If you toss a nickel and heads turn up you win 1 million dollars. If you toss tails you don’t win anything. If you toss a dime and heads turn up you win 10 million dollars. If you toss tails you don’t win anything.
1. Which coin will you choose and why?
2. Second question. Your friend tossed the coin and results of the toss reveal: the nickel turned up heads, and the dime turned up tails. Would this information affect your initial decision? Explain why or why not in your last bullet point.
I have attached a sample file showing how the paper needs to be constructed. The paper is not a letter it’s just a format of how the paper needs to look like. It needs to follow the same format with date, city, topic headings, and bullet points. Construct the paper in this format. Also the second attachment is the rubric.