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Player R has a $2, a $5, and a $10 bill. Player C has a $1, a $5, and a $10 bill. Each player selects and shows one of his or her three bills. If the total value of the two bills shown is even, R wins C's bill - if the value is odd, then C wins R's bill (Which player you would rather be?). A) set up the pay off matrix for the game B) Solve the game using simplex method.
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i am not sure what a matrix for this means. perhaps it would look like this |dw:1383006948956:dw|
fill in the rest, see how many results are even, how many are odd etc
?
yeah that looks good if you want the expected value
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my matrix was wrong since i did not put the winnings in the box, just the total your answer is better
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