With what probability does player 2 play Right in the mixed strategy Nash equilibrium? (Input your answer as a decimal to the nearest hundredth, for example: 0.14, 0.56, 0.87) PLAYER 2 Left Right PLAYER 1 Up 76,63 48,28 Down 31,44 86,82
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- Medicine Out of a group of 9 patients treated with a new drug, 4 suffered a relapse. Find the probability that 3 patients of this group, chosen at random, will remain disease-free.An engineer decides to buy four new snow tires for his car. He finds that Retailer A is offering a special cash rebate, which depends on how much snow falls during the first winter. If this snowfall is less than 50% of the mean annual snowfall for his city, his rebate will bet 50% of the list price. If the snowfall that winter is more than 50% but less than 75% of the mean annual snowfall, his rebate will be 25% of the list price. If the snowfall is more than 75% of the mean annual snowfall, he will receive no rebate. The engineer finds from a reference book that the annual snowfall for his city has a mean of 80 cm and standard deviation of 20 cm and approximates a normal distribution. The list price for the brand and size of tires he wants is $80.00 per tire. The engineer checks other retailers and finds that Retailer B sells the same brand and size of tires with the same warranty for the same list price but offers a discount of 5% of the list price regardless of snowfall that…A box contains x white chocolates and y dark chocolates. Khairul selects a chocolate from the box, followed by Priya whio also selects a chocolate. Find, in terms of x and y, the probability that G Khairul selects a dark chocolate, (i) Khairul selects a white chocolate while Priya selects a dark chocolate
- The point spread in sports betting is essentially a handicap towards the underdog, for example the point spread of the game this weekend between Cincinnati Bengals and Kansas City Chief in Cincinnati +3 or Kansas city is -3. If you place a bet on the bengals, Kansas city must win by less than 3 points for your bet to wim. If Kansas city wins by exactly 3 points then the bet is a push and your stake is returned. Now suppose you placed a bet of 100 dollars on the bengals on a website where they charge 10% commission (if you win $90) when line was CIncinati +3 or Kansas City -3 According to previous studies the final margin of victory for NFL team in a given game can be approximated as a normal variable with a mean of points spread line and a standard deviation of 12, however suppose the bengals just announced that their star receiver Chase would return this weekend which adds two points in favour of the bengals. In other words, we suppose that the winning margin now for Kansas City this…In the casino a card game takes 1 dollar bets, players have a 46% chance of winning back their bets plus $1, they also have a 54% chance of losing their bets, what would be the house edgeAsap plz
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