A small tourist town has two Italian restaurants, Romano's(R) and Giardıno's (G). Normally, both restaurants prosperwith no advertising. It seems possible that Romano's couldtake some of Giardino's customers by running radio adsand Giardino's could do the same thing The one monthprofit matrix (showing payoffs in thousands of dollars) isshown to the right However, suppose that each firm gets6 if it advertises and the other firm does not.No AdsAdvertiseWhat is the Nash equilibrium in the static (one month)game?No AdsA. This game has no Nash equilibriaO B. The Nash equilibrium is for both restaurants toadvertiseAdvertiseOC. The Nash equilibria are for one restaurant toadvertise and the other to not advertise.1O D. The Nash equilibria are for both restaurants to notadvertise and for both restaurants to advertise.O E. The Nash equilibrium is for both restaurants tonot advertise

The nash equilibrium in the static game is

Answered: A small tourist town has two Italian…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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2) A researcher theorizes that there is a linear relationship between the number of pets a person owns and their square footage of living space (measured in 1000 of square feet). Answer the questions below with the following data: (1.2,2), (1.1,1), (0.9,3), (1.5,3), (1.45,2), (1.1,2) Set up the matrix that are required to do the calculations: a. b. Calculate b C. Calculate r, R² and what does this tell us? d. Given the ANOVA table, with the test the fit of the model? (note a = 0.05) Source Df SS MS Model 2 28.1987 14.0994 Residual 4 2.8013 0.7003 Total 6 31 Build a 95% confidence interval for b₁ e.
The owner of a chain of mini-markets wants to compare the sales performance of two of her stores, Store 1 and Store 2. Sales can vary considerably depending on the day of the week and the season of the year, so she decides to eliminate such effects by making sure to record each store's sales on the same 10 days, chosen at random. She records the sales (in dollars) for each store on these days, as shown in the table below. Day 1 3 4 6. 9 10 Store 1 557 829 733 531 454 634 409 726 769 329 Store 2 413 732 567 484 650 586 269 684 705 371 Difference 144 97 166 47 - 196 48 140 42 64 -42 (Store 1- Store 2) Send data to calculator Based on these data, can the owner conclude, at the 0.10 level of significance, that the mean daily sales of the two stores differ? Answer this question by performing a hypothesis test regarding u (which is u with a letter "d" subscript), the population mean daily sales difference between the two stores. Assume that this population of differences (Store 1 minus Store…
The owner of a chain of mini-markets wants to compare the sales performance of two of her stores, Store 1 and Store 2. Sales can vary considerably depending on the day of the week and the season of the year, so she decides to eliminate such effects by making sure to record each store's sales on the same 8 days, chosen at random. She records the sales (in dollars) for each store on these days, as shown in the table below. Day 1 2 3 4 5 6 7 8 Store 1 889 699 534 398 432 213 252 929 Store 2 479 525 252 364 160 32 234 632 Difference(Store 1 - Store 2) 410 174 282 34 272 181 18 297 Send data to calculator Based on these data, can the owner conclude, at the 0.10 level of significance, that the mean daily sales of the two stores differ? Answer this question by performing a hypothesis test regarding μd (which is μ…
One of the key tasks in metropolitan area transportation planning is to estimate the total number of trips made by households during a typical day. The dependent variable is the number of trips made by a household per day, known as the trip generation rate. One of the most important determinants of variations in household trip generation rates is household income. Consider a hypothetical city, values of the trip generation rates and household income are listed in the following table. (a) Find the regression coefficients (the intercept and the slope coefficients). Interpret the meaning of the slope coefficient.(b) Write out the regression line formula.(c) Calculate the coefficient of determination for this problem.
Hi please help me solving that problems thanks
The Harriet Hotel in downtown Boston has 100 rooms that rent for $150 per night. It costs the hotel $30 per room in variable costs (cleaning, bathroom items, etc.) each night a room is occupied. For each reservation accepted, there is a 5% chance that the guest will not arrive. If the hotel overbooks, it costs $200 to compensate guests whose reservations cannot be honored. How many reservations should the hotel accept if it wants to maximize the average daily profit?
Q. 3 (a) Consider complete pivoting strategy to discuss the following system of 1 equation. 4x, - 4x, - 3x, +7x, 1.3 8x, - 3x, - 8x, +17x, 6.6 12x, - 12x, - 16.x, + 29x, -2.1 - 8x, + 33 x, - 25x, +36x, = 10.4 %3D (b) Discuss the real roots of polynomial equation x*-5x' + 5x + 5x-7 = 0, correct to 4 dp, given that the equation has roots near 3 and -1.
Write the payoff matrix for the given game, use Rachel as the row player. Two players, Rachel and Charlie, each have two cards. Rachel has one black card with the number 3 and one red card with the number 5. Charlie has a black card with a 6 written on it and a red card with a 1. They each select one of their cards and simultaneously show the cards. If the cards are the same color, Rachel gets, in dollars, the sum of the two numbers shown. If the cards are different colors, Charlie gets, in dollars, the difference of the two numbers shown.
Two departments of a firm, A and B, need differing amounts of steel, wood, and plastic. The table on the right gives the amount of each product the departments need. These three products are supplied by two suppliers, Company C and Company D, with the unit prices given in the table on the right. a. Use matrix multiplication to determine how much these orders will cost each department at each of the two suppliers. Enter the amounts into the cost matrix shown on the right. Department A Department B Steel Wood Plastic Dept. A Dept. B Company C 600 310 310 Co. C Steel Wood Plastic 60 40 40 60 70 60 Company D 560 190 390 Co. D
10. Please help
Allied Corp. decides to launch its new product with a big television and radio advertising campaign. At the same time, Allied's major competitor, Bates, Inc, also has decided to launch a big advertising campaign for a similar product. The payoff matrix shows the increased sales (in millions) for Allied, as well as the decreased sales for Bates Bates T.V. Radio 20 -0.7 -0.5 -0.5 Find the optimum strategy for Allied Corp. and the value of the game. Allied T.V. Radio The optimum strategy for Alled Corp is (Type integers or decimals) The value of the game is (Type an integer or a decimal)
Two departments of a firm, A and B, need differing amounts of steel, wood, and plastic. The table on the right gives the amount of each product the departments need. These three products are supplied by two suppliers, Company C and Company D, with the unit prices given in the table on the right. C a. Use matrix multiplication to determine how much these orders will cost each department at each of the two suppliers. Enter the amounts into the cost matrix shown on the right. Dept. A Dept. B Department A Department B Steel Wood Plastic Co. C Company C 580 280 280 Co. D Company D — 570 180 380 Steel 70 60 Wood 60 40 Plastic 40 60

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