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Full-Text Articles in Statistics and Probability
Studying The Relationship Between Financial Risk Aversion And Income With The Jeopardy! Daily Double, Miles Johnson
Studying The Relationship Between Financial Risk Aversion And Income With The Jeopardy! Daily Double, Miles Johnson
Mahurin Honors College Capstone Experience/Thesis Projects
It has long been up for debate as to whether there is a link between financial risk aversion and income. This study’s purpose is to, using data from the game show Jeopardy!, investigate this question through analytical research. This study made use of multiple regression analyses in order to examine the relationship between income and risk aversion in Jeopardy! contestants who appeared on the show between January 2019 and October 2020. Specifically, this study looked to isolate the potential impact a contestant’s estimated annual income had on their willingness to bet on the Jeopardy! Daily Double question. It was …