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  • Thesis Statement P

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    Matt Boerboom
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    The document argues that it is better to choose a 50% chance of winning $1 million over a guaranteed $10,000 prize because $10,000 is not a life-changing amount but $1 million could buy a new house. It further argues that choosing the $1 million option means missing out on $10,000 if unsuccessful but $990,000 if choosing the $10,000 option and missing out on the $1 million prize, so the potential loss is much greater in the latter case. The conclusion is that it would be a dumb choice to take the $10,000 due to the reasonably high chance of winning much more with the $1 million option.

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    Thesis Statement p

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    The document argues that it is better to choose a 50% chance of winning $1 million over a guaranteed $10,000 prize because $10,000 is not a life-changing amount but $1 million could buy a new house. It further argues that choosing the $1 million option means missing out on $10,000 if unsuccessful but $990,000 if choosing the $10,000 option and missing out on the $1 million prize, so the potential loss is much greater in the latter case. The conclusion is that it would be a dumb choice to take the $10,000 due to the reasonably high chance of winning much more with the $1 million option.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    6 views1 page

    Thesis Statement P

    Uploaded by

    Matt Boerboom
    The document argues that it is better to choose a 50% chance of winning $1 million over a guaranteed $10,000 prize because $10,000 is not a life-changing amount but $1 million could buy a new house. It further argues that choosing the $1 million option means missing out on $10,000 if unsuccessful but $990,000 if choosing the $10,000 option and missing out on the $1 million prize, so the potential loss is much greater in the latter case. The conclusion is that it would be a dumb choice to take the $10,000 due to the reasonably high chance of winning much more with the $1 million option.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Thesis Statement p.

    You should not go with the 1mil with a 50% chance than 10k right away

    You should not go for the

    Argument p.2

    Why you should go for the 50%. 10k is not a life-changing amount but 1 mil is. If you win the 1mil you
    could buy a new house

    Argument 2 p.3

    If you chose the 10k you maybe miss out on 1mil but if you chose 1 mil and don’t get the money you
    only missed out on 10k instead of 1mil. So the difference is 990k which is an extreme amount over a
    50/50 chance

    Conclusion p.4

    It would be dumb to choose the 10k because of chance. This is because of the reasonably high
    chance in comparison to the money you can earn.

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