Question: Answer Q4-Q7 based on the game matrix given below. The matrix is given with respect to the payoffs to Player A. B Strategies Y1 Y2

Answer Q4-Q7 based on the game matrix given

Answer Q4-Q7 based on the game matrix given below. The matrix is given with respect to the payoffs to Player A. B Strategies Y1 Y2 Y3 T1 5 0 -4 AT2 -8 3 T3 2 Q4- Write the strictly dominated strategies and explain by which strategy(ies) they are dominated? (">" refers to strict dominance) Q5. What is the optimal value of the game? Q6- What are the optimal strategies of Player A and Player B? 27- What is the probability that Player B plays strategy Y3

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