3. Mary Washington is the incrumbent congresswoman for 2 distriet in New Merico, and Franklin Truman is her opponent in the upcoming election. Since Trucnan is serking to nuseat Washington, he is on the offensive, and she hopes to minimize his gains in the polk. The following payoff table shows the possible percentage point gains for Truman given the political strntegies available to ach politicas. 2. Detrmine the optimal political strategy for each politician and the pereentage gain in the polls Franklin Truman can expect. b. Solve this problem using the computex 1. Edgar Allan Melville is a succestul novelist who is negotiating a contract for a new novel with his publisher, Pothoiler Books, Ine. The novelist's contract strategies encompass various proposals for royalties, movie rights, advances, and the like. The following payoff table shows the financial gains for the novelist from each contract strategy. a. Does this payoff table contain any dominant strategies? b. Determine the strategy for the novelist and the publisher and the gains and losses for each. (1) What is the QM's result for the best strategy of Row player? What does the result tell us? (2) What is the QM's result for the best strategy of Column player? What does the result tell us? (3) What is the value of the game as given in the QM result? (4) Is the best strategy a pure strategy or a mixed strategy? a. A pure strategy b. A mixed strategy Problem \#4. page E-II (12 pts) (1) What is the QM's result for the best strategy of Row player? What does the result tell us? (2) What is the QM's result for the best strategy of Column player? What does the result tell us? (3) What is the value of the game as given in the QM result? (4) Is the best strategy a pure strategy or a mixed strategy? a. A pure strategy b. A mixed strategy