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CleanClothes dry cleaners is opening a pick-up and delivery service. There is only one other dry cleaner that currently offers this service. To advertise, CleanClothes
CleanClothes dry cleaners is opening a pick-up and delivery service. There is only one other dry cleaner that currently offers this service. To advertise, CleanClothes is considering either newspaper ads or attaching flyers to the doors of many local homes. The payoff for each of CleanClothes' potential strategies is given in the table below. What is the saddle point, if any, of this game? Y1 (newspaper ads) Y2 (flyers) X1 (newspaper ads) 52 37 X2 (flyers) 26 18 O a. 17 b. 16 O c. there is no saddle point Od.8 O e. 37Consider the following two-person game, and determine the saddle point if it exists Y1 X1 X2 O a. 6 -3 O b. there is no saddle point O c. 4 O d. 2 Oe. -3\fA new young executive is perplexed at the number of interruptions that occur due to employee relations. She has decided to track the number of interruptions that occur during each hour of her day. Over the last month, she has determined that between 0 and 3 interruptions occur during any given hour of her day. The data is shown below. Number of Interruptions in 1 hour Probability 0 interruption 0.5 1 interruptions 0.3 interruptions 0. 1 3 interruptions 0.1 On average, she should expect 0.8 interruptions per hour. True OFalse
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