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My answers in this question seems not correct, please provide other solutions. Below is the game matrix of Players 1 and 2 Player 2 Strategy
My answers in this question seems not correct, please provide other solutions.
Below is the game matrix of Players 1 and 2 Player 2 Strategy B1 B2 B3 B4 A1 3 -4 3 5 Player 1 A2 -3 4 3 A3 3 5 -7 -2 A4 a) What is the Maximin Value? -2 b) What is the Minimax Value? 4 c) Can you reduce this matrix to Mx2, 2xN, or 2x2 using dominance? Answer Yes or No No d) What value is added to the original matrix to develop a companion matrix? 8 e) What is the % of the time (in decimal) Player 2 plays B3? Answer in 4 decimal places. 0.0138 f) What is the % of the time (in decimal) Player 1 plays Strategy A2? Answer in 4 decimal places. 0.024 g) What is the value of the game? 1.1647 h) Who wins the game? Player 1 Below is the game matrix of Players 1 and 2 Player 2 Strategy B1 B2 B3 B4 A1 3 -4 3 5 Player 1 A2 -3 4 3 A3 3 5 -7 -2 A4 a) What is the Maximin Value? -2 b) What is the Minimax Value? 4 c) Can you reduce this matrix to Mx2, 2xN, or 2x2 using dominance? Answer Yes or No No d) What value is added to the original matrix to develop a companion matrix? 8 e) What is the % of the time (in decimal) Player 2 plays B3? Answer in 4 decimal places. 0.0138 f) What is the % of the time (in decimal) Player 1 plays Strategy A2? Answer in 4 decimal places. 0.024 g) What is the value of the game? 1.1647 h) Who wins the game? Player 1Step by Step Solution
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