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Garry and Magnus play chess, Garry always has the first move (the first move in chess gives an advantage). Magnus wins five chess matches and

Garry and Magnus play chess, Garry always has the first move (the first move in chess gives an advantage). Magnus wins five chess matches and loses another five. In this situation,

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rules-based equity is low; results-based equity is high

rules-based equity is high; results-based equity is high

rules-based equity is high; results-based equity is low

rules-based equity is low; results-based equity is low

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