Reference no: EM132518488
Suppose you are in charge of a 5K race and you have $275,000 to distribute based on order of finish. You decide to pay the top ten finishers. If your goal is to make a more entertaining race, which of the two options below is a better method of distributing the payouts? Why?
Option A Option B
1 $100,000.00 $50,000.00
2 $65,000.00 $45,000.00
3 $42,000.00 $40,000.00
4 $26,000.00 $35,000.00
5 $17,000.00 $30,000.00
6 $11,000.00 $25,000.00
7 $7,000.00 $20,000.00
8 $4,000.00 $15,000.00
9 $2,000.00 $10,000.00
10 $1,000.00 $5,000.00