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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Class Exercise 2: Player I holds a black Ace and a red 8. Player II holds a red 2 and a black 7. The players simultaneously choose a card to play. If the chosen cards are of the same color, Player I wins. Player II wins if the cards are of different colors. The amount won is a number of rands equal to the number on the winner's card (Ace counts as 1.) Set up the payoff function.
QUESTION 1: Miss Basson is taking her Gr 10 class on an outing to the Zoo. She has a class of 35 learners of which only 92% can join the outing. She asks each learner to pay for their ticket of R145. Use the information above to answer the questions that follow. Ms Basson has compiled an Income and expense statement after the class outing to the zoo. The statement showed only the learners that went on the outing as well as Ms Basson. Income and Expenses Statement Expenses Bus hire Income Class ticket sales School contribution Total: R2500 A B Zoo Entrance ticket (for the group) Snack-pack Total: R1650 R2400 R2720 C
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Over the span of a month, a school tracks student choices at lunch. They find that 56% of all students buy milk with lunch and 32% buy a piece of fruit. If 22% of all students buy both milk and fruit, which of the following represents the percent of students who buy neither? (1) 28% (3) 42% (2) 34% (4) 46%
. 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.
You are considering purchasing a carpet cleaning business that will cost $40,000 for startup. Being a detail-oriented entrepreneur, you have looked into the performance of other franchises for this company and have found the following. 35% of the franchises close after one year with a net loss of $48,000. 30% of the franchises continue to operate but have a net profit of only $24,000. 35% of the franchises are doing quite well with a net profit of $100,000 in their first year. If you are only concerned with the first year’s outcomes, what Is the expected value of the franchise?
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.

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