Question

A o N w Calculator Print Item eBook Problem 5-13 Two television stations compete with each other for viewing audience. Local programming options for the 5:00 P.M. weekday time slot include a sitcom rerun, an early news program, or a home improvement show. Each station has the same programming options and must make its preseason program selection before knowing what the other television station will do. The viewing audience gains in thousands of viewers for Station A are shown in the payoff table. Station B Sitcom News Home Rerun Program Improvement bi bz ba Sitcom Rerun a 10 -5 Station A News Program a2 8 7 6 7 Home Improvement as Determine the optimal strategy for each station. Round your answers to two decimal places. If your answer is zero, enter zero "0". The optimal strategy is for Station A to implement strategy at with probability 0, strategy a2 with probability 8 X, and strategy as with probability X The optimal strategy is for Station B to implement strategy bi with probability 0 x, strategy b2 with probability V. and strategy ba with probability 0 X What is the value of the game? Round your answer to two decimal places. The value of the game Feedback

Answer 1

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