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Week 6: Game Theory 2 Questions 1 to 5 refer to the following table: You are a hotel manager and you are considering four projects

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Week 6: Game Theory 2 Questions 1 to 5 refer to the following table: You are a hotel manager and you are considering four projects that yield payoffs, depending upon whether there is an economic boom or a recessi payoffs and corresponding payoffs are summarized in the following table 3 (50%) 50% $50 1. Which project has the lowest expected value? 2. Which project has the greatest variance? 3. Which project has the lowest variance

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