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(1 point) An animation has two scenes, each of them being one second long. In the...
So, for the first question,
the two Best Response functions I got are:
BR1=25/t2 ||
BR2=25/(1-t)2
For the second question ("How much will each individual's dinner
be worth at the Nash eqbm?"), I got that
P1=BR1 and P2=BR2 (i.e
the prices were the Best Reponse functions).
Is this correct? I'm just confused as I'm not sure why the
question would contain two parts which have the same answer. Are
the Nash Equilibrium prices always the same as the Best Response...
photos for each question are all in a row
(1 point) In the following questions, use the normal distribution to find a confidence interval for a difference in proportions pu - P2 given the relevant sample results. Give the best point estimate for p. - P2, the margin of error, and the confidence interval. Assume the results come from random samples. Give your answers to 4 decimal places. 300. Use 1. A 80% interval for pı - P2 given that...