Below is the Exit, Voice, and Loyalty game between the state and the citizen.Recall that E is the payoff that the citizen gets when she exits, L is the payoff that thestate gets from retaining a loyal citizen, O is the payoff that the citizen gets fromremaining loyal, and C is the cost that the citizen must pay for using voice.Let E = 0:5, let L> 1, and let C = 0:25.%3D%3DVoiceExit(E;1)(0;1+L)(1-c,L)(E-c,1)(0-c,1+L)What is the expected sequence of actions in the game if you use these payoff values?O Citizen uses voice, State responds.HomD Citizen uses voice, State responds. Citizen exits.If yaCitizen exits.RespondLoyaltyIgnoreLoyaltyExit (1-c,L)(E-e,1)(0-c,1+L)What is the expected sequence of actions in the game if you use these payoff values?Citizen uses voice, State responds.Citizen uses voice, State responds, Citizen exits.Citizen exits.O Citizen remains loyal.O Citizen uses voice, State ignores.Loyalty

Answered: Image /qna-images/answer/48b9c9a7-fbe9-4734-8188-48767629e04f.jpg

Answered: Below is the Exit, Voice, and Loyalty…

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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A salon owner estimates the number of clients she is expecting during the festive season to be 20% during Monday to Wednesday, 20% on Thursday and 60% over the weekend. She therefore hires additional staff to assist during the weekend to meet the client demand. She however only observes 30% during Monday to Wednesday, 20% on Thursday and 50% over the weekend in the first week of December. The salon owner is uncertain whether she should reduce the planned staff for the December festive period due the observed trend or not. She conducts a statistical test at α = 0.05 to determine if the observed trend fits the expected trend. Which of the following statements is true? A. The conclusion of the test is that she should not keep the additional staff for the weekend. B. The df for this test is 3. C. The p-value is greater than α. D. The null hypothesis is that the observed trend is different to the expected trend. E. The test statistic is χ2 = 5.33.
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. Honesty Coffee stations in offices often just ask usersto leave money in a tray to pay for their coffee, butmany people cheat. Researchers at Newcastle Universityalternately taped two posters over the coffee station.During one week, it was a picture of flowers; during theother, it was a pair of staring eyes. They found that theaverage contribution was significantly higher when theeyes poster was up than when the flowers were there.Apparently, the mere feeling of being watched—even byeyes that were not real—was enough to encourage peopleto behave more honestly. [NY Times, Dec. 10, 2006]
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?
Match the function with one of the graphs below using horizontal asymptotes as an aid. f(x) = 1 + e-X y y 4 -2 2 4 -2 DELL prt sc home end DII F10 %23 3 4. 5. Q E R Y K. A D N. M.
If you were charged $8.00 to play this game, you would on average see a ..... (lose/gain) of ...... per spin.
A manufacturing company makes two types of water skis, a trick ski and a slalom ski. The relevant manufacturing data are given in the table. Labor-Hours per Ski Maximum Labor-Hours Available per Day Department Fabricating Finishing Answer parts (A), (B), and (C) below. Trick Ski 6 1 Slalom Ski 4 1 (A) If the profit on a trick ski is $30 and the profit on a slalom ski is $40, how many of each type of ski should be manufactured each day to realize a maximum profit? What is the maximum profit? The maximum profit is $ The maximum occurs when trick skis and 216 42 slalom skis are produced.
College admissions For high school students graduatingin 2007, college admissions to the nation’s most selectiveschools were the most competitive in memory. (The NewYork Times, “A Great Year for Ivy League Schools, butNot So Good for Applicants to Them,” April 4, 2007).Harvard accepted about 9% of its applicants, Stanford10%, and Penn 16%. Jorge has applied to all three.Assuming that he’s a typical applicant, he figures that hischances of getting into both Harvard and Stanford mustbe about 0.9%.a) How has he arrived at this conclusion?b) What additional assumption is he making?c) Do you agree with his conclusion?
ogle.com/d/1NGOHXPHTvH8PLnxmRZFacGXUv00o4rY1EStn8YtOx41/viewer?f%=3 ch Media services/El.. EWhat's Going On in... G Bases housing U.S.. Digital Passport by.. hment 2 - 1.3 + 1.4 419 ackground Clear frame 1.3 2) How many 4 letter permutations can be formed from the letters in word rhombus? 3) A board of directors composed of eight people must select board officers. In how man president, vice president, and treasurer be selected from this 8-person board?
Three competing brands of cerial are being sold in the school cafeteria. Brand z's weekly sales are affected by the sales of the other two proucts. For each $1 increase in brand æ's sales, there is a decrease $0.80 in sales of brand z. Similarly, each $1 increase in brand y's sales, there is a increase $0.10 in sales of brand z. If the current sales for brand z, y, and z are $45.00, $69.00, and $76.00 respectively, write an equation for z's sales in terms of a and y.
You randomly recruit 23 students and tell each of them to come to the lab in two different mornings: each morning they will be offered some breakfast and will take a test. Each student will receive the light breakfast one time and the nutritious breakfast the other time (some will receive the light breakfast first, the others will receive the nutritious breakfast first, and the second time they switch). The average difference in a student’s score after eating the nutritious breakfast and their score after eating a light breakfast is 4.5, and the standard deviation of this difference is 3.6. (a) Construct a 95% confidence interval for the difference in the average score of students after having a nutritious breakfast and the average score of students after having a light breakfast.
3. The point guard of a basketball team has to make a decision about whether or not to shoot a three- point attempt or pass the ball to another player who will shoot a two-point shot. The point guard makes three-point shots 30 percent of the time, while his teammate makes the two-point shot 48 percent of the time. X; 3 0 P(x;) 0.30 0.70 X; 2 0 P(x;) 0.48 0.52 a. What is the expected value for each choice? b. Should he pass the ball or take the shot himself? Explain.

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