Author Question: If it is optimal for both players in a two-person, zero-sum game to select one strategy and stay ... (Read 30 times)

rosent76

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If it is optimal for both players in a two-person, zero-sum game to select one strategy and stay with that strategy regardless of what the other player does, the game
 a. has more than one equilibrium point.
  b. will have alternating winners.
  c. will have no winner.
  d. has a pure strategy solution.

Question 2

For each shipment of parts a manufacturer wants to accept only those shipments with at most 10 defective parts. A large shipment has just arrived. A quality control manager randomly selects 50 of the parts from the shipment and finds that 6 parts are defective. Is this sufficient evidence to reject the entire shipment? Use a .05 level of significance to conduct the appropriate hypothesis test.



juicepod

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Answer to Question 1

D

Answer to Question 2

H0: p  0.10
Ha: p > 0.10 Do not reject H0; .4714 < 1.645 . There is not sufficient evidence at  = .05 to reject the entire shipment.



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