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9966 [12]
3 years ago
9

Suppose Alice and Bill make their decisions separately and simultaneously, so that each must decide what to do knowing the avail

able choices and payoffs but not what the other has actually chosen. How many potential equilibria are there? (Hint: To see whether a given combination of strategies is an equilibrium, ask whether either player could get a higher payoff by changing his or her strategy.)
Mathematics
1 answer:
Sophie [7]3 years ago
5 0

Answer:

There are two possible equilibrium.

Step-by-step explanation:

Both of them either buy movie tickets or baseball tickets, because then changing the preference can result in lower payoffs.

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According to a study done by a university​ student, the probability a randomly selected individual will not cover his or her mou
Margarita [4]

Answer:

a.  P(X=8)=0.0277

b.  P(X<4)=0.3460

c. No. P(X<8)=0.9605

Step-by-step explanation:

a. Let x denote the event.

This is a binomial probability distribution problem expressed as

P(X=x)={n\choose x}p^x(1-p)^{n-x}

Where

  • n is the total number of events
  • p is the probability of a success
  • x is the number of successful events.

Given that n=16, p=0.267, the probability of exactly 8 people not covering their mouths is calculated as:

P(X=x)={n\choose x}p^x(1-p)^{n-x}\\\\\\P(X=8)={16\choose 8}0.267^8(1-0.267)^8\\\\\\=0.0277

Hence, the probability of exactly 8 people not covering their mouths is 0.0277

b. The probability of fewer than 4 people covering their mouths is calculated as:

-We calculate and sum the probabilities of exactly 0 to exactly 3:

P(X=x)={n\choose x}p^x(1-p)^{n-x}\\\\P(X

Hence, the probability of x<4 is 0.3460

c. Would you be surprised if fewer than half covered their mouths:

The probability  of fewer than half covering their mouths is calculated as:

P(X=x)={n\choose x}p^x(1-p)^{n-x}\\\\P(X

No. The probability of fewer than half is 0.9605 or 96.05%. This a particularly high probability that erases any chance of doubt or surprise.

3 0
3 years ago
Write the equation of the line in slope-intercept form that goes through the points (4, -2) and (8, -9)
LenaWriter [7]

Answer:

y = 17/6 x - 40/3

Step-by-step explanation:

Slope-intercept form: y = mx + b

First, let's find the slope:

slope formula: (y2-y1) divded by (x2-x1)

(4, -2) and (8, -9)

(-9 - 8) divded by (-2 - 4) = 17/6

We found m, now we have to find b.

The new equation: y = 17/6 x + b

Insert any of the two points, in this case, I'll insert (4, -2)

-2 = 17/6 (4) + b

-2 = 68/6 + b

b = -2 - 68/6

b = -40/3

Overall equation: y = 17/6 x - 40/3

4 0
3 years ago
Read 2 more answers
PLEASE ANSWER ASAP AND PROVIDE EXPLANATION! A copy machine is set up to enlarge an original in the ratio 2:3. What is this enlar
meriva

Answer:

50%

Step-by-step explanation:

Enlarging it in the ratio 2:3 means dividing it by 2 and multiplying it by 3.

Lest's pretend the original size was 100 in. 100/2x3=150

So in this case we enlarged it by 50 in. which is 50% of 100.

So, the enlargement as a percentage is 50%

4 0
4 years ago
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If $36.25 in tax is added to the price of an item, what was the original price in dollars of the item?
Lelechka [254]

B is the answer to the question

3 0
4 years ago
Best estimate for 49% of 15?
bekas [8.4K]
<span>49% of 15 </span> 
<span>
49/100 * 15 </span> 
<span>
(49*15)/100 </span> 
<span>

735/100 </span> 
<span>
7,35</span>
5 0
4 years ago
Read 2 more answers
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