Given the following payoff matrix, find the optimal strategies for each player, find the expected value of the game, and state which player is favored (if any). Part 1 of 2 0 10 (a.) Show the maximin and minimax work (off to the right side/bottom). -3 -8 0 10 010✔ -8 O 10 (b.) Find the optimal strategy matrix for each player. Row Player Optimal Strategy: P= [ Column Player Optimal Strategy: Q- (c.) What is the expected value? (d.) Determine which player is favored (if any). Favored Player: --Select-- B
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- Consider the following simple linear regression. iid Y = Po + B₁X + e, e~ N(0,02), i 1,..., n.Please please answer all subparts. I will really upvote. Thank youInvesting: Inverse ETFS (Exchange Traded Funds) Inverse ETFS, sometimes referred to as "bear market" or "short" funds, are designed to deliver the opposite of the performance of the index or category they track, and so can be used by traders to bet against the stock market. The following table shows the performance of three such funds as of August 5, 2015.t Year-to-Date Loss (%) MYY (ProShares Short Midcap 400) 6 SH (ProShares Short S&P 500) 5 REW (ProShares UltraShort Technology) 7 You invested a total of $6,000 in the three funds at the beginning of 2011, including an equal amount in MYY and SH. Your total year-to-date loss amounted to $360. How much did you invest in each of the three funds? MYY $ SH REW $ %24 %24 %24
- The analysis of risk and the search for yield in companies is determinant for financial success. In this case, consider the stock price and dividends of the companies Power Electric Industries, Riviera Power Inc. and Nature Energy Corp. for the period from 2014 to 2019. Power Electric Industries Power Electric Industries Riviera Power Inc. Riviera Power Inc. Nature Energy Corp. Nature Energy Corp. year Year Stock price Dividends Year Stock price Dividends Year Stock price Dividends 2019 $18.5 $1.50 $38.5 $4.50 $58.5 $3.50 2018 $15.93 $1.10 $40.93 $3.10 $50.93 $2.10 2017 $10.20 $1.00 $43.20 $3.00 $53.20 $3.00 2016 $9.80 $0.90 $50.80 $2.90 $50.80 $2.90 2015 $8.50 $0.85 $48.50 $2.85 $48.50 $2.75 2014 $8.00 $0.80 $45.00 $2.80 $45.00 $2.60 6. Calculate the percentage volatility (betas) of Power Electric Industries and Riviera Power Inc. by running regressions from the returns.…Assume you have a project to develop a model to forecast natural gas consumption for the residential sector in the Washington, DC, metropolitan area. The level of natural gas consumption is influenced by a variety of factors. You decided that the most important factors include local weather, the state of the national and the local economies, the purchasing power of the dollar (because at least some of the natural gas is imported), and the prices for other commodities. The following variables have been identified and recorded on a quarterly basis (the data cover the period 1997Q1 through 2008Q3, with all data measured quarterly): GASCONS: consumption of natural gas in DC metro area (million cubic feet) AVETEMP: average temperature for the period in the DC metro area GDP: annualized percentage change in GDP UNEMP: percentage unemployment in the DC metro area GAS_PRICE: price of natural gas ($/100 cubic feet) DOLLAR: value index for the U.S. dollar relative to a basket of international…The table shows both prospective profits and losses for Lovely Apparel, depending on what decision is made and what state of nature occurs. Use the information to determine what Lovely Apparel should do. State of Nature Decision s1 s2 s3 d1 30 80 -30 d2 100 30 -40 d3 -80 -10 120 d4 20 20 20 if an optimistic strategy is used. if a conservative strategy is used. if minimax regret is the strategy. NOTE: SHOW COMPLETE STEP-BY-STEP SOLUTION
- Please solve (Game Theory - Neumann-Morgenstern theory): Please don't solve if unsureC (gross cost of UPS Inc. in billions of $) and R (gross revenue of UPS Inc. in billions of $) O E (years since 2010) and P (gross profit of UPS Inc. in billions of $) (b) Find an equation for a model of these data. (Use the first and last values in the table to calculate your equation. Round the slope and the vertical intercept to one decimal place. Note th -Select- () Give a reasonable domain and range for this model. domain O (-10, 10] O [11, 15] O -0, 0) O [0, 20] O [-2, 8] range [41.9, 47.8] O [-50, 50] [37.3, 52.3] [0, 100] O (-o, co) (d) What is the slope of your model? Explain its meaning in this situation. (Round your slope to one decimal place. Do not include units in your answer.) The slope is This means that the gross profit for UPS Inc. --Select--- by about that value in billions of dollars each year. (e) Estimate the gross profit for UPS in 2019. (Round your answer to the nearest tenth of a billion dollars. Include units in your answer. More information.) In 2019, the…2,
- Model the following decision-making situation as a linear program. A company makes a blend consisting of two chemicals, 1 and 2, in the ratio 5:2 by weight. These chemicals can be manufactured by three different processes using two different raw materials and a fuel. Production data are given in the table below. For how much time should each process be run in order to maximize the total amount of the blend manufactured? Requirements per unit time Output per unit time Fuel Chem 1 (units) Raw 1 Raw 2 Chem 2 (units) (units) (units) (units) 6. Process 1 9. 5 50 2 6 75 7 10 4 11 100 10 Available 200 400 1850 (a) Clearly define the decision variables. (b) Write the objective function. (c) Write the constraints.Can you guys help me on this? Thank you!For the 2 x 2 game, find the optimal strategy for each player. Be sure to check for saddle points before using the formulas. For row player R: r2 = For column player C: C1 = C2 = Find the value v of the game for row player R. V = Who is the game favorable to? The game is favorable to the row player. The game is favorable to the column player. This is a fair game.