This preview shows page 1. Sign up to view the full content.
Unformatted text preview: 3q=1-q q=1/4 4. Kick Kicker L R G L (p) 1,0 0,1 R(1-p) 1-p,p 1,0 E(Kicker-left)=0*pie+p(1-pie)=p(1-pie) E(Kicker-Right)=1*pie+(1-pie)*0=pie P(1-pie)=p(ks/L) Pie=p(ks/r) Pi(b-l)=q P(k-l)=pie Not scroe Probability= # of success/ Expected payoff=Prob(event 1 happening)*Payoff event 1 gives+ Prob even 2 happening* payoff event 2 gives…...
View Full Document
This note was uploaded on 02/29/2012 for the course ENGLISH 110 taught by Professor John during the Fall '10 term at Maryland.
- Fall '10