Question: Consider the following payoff matrix: A1 A2 a1 5 7 a2 6 2 Which one of the following is correct? 0 The game has no


Consider the following payoff matrix: A1 A2 a1 5 7 a2 6 2 Which one of the following is correct? 0 The game has no optimal pure strategy. The the optimal mixed strategy for Player 1 is (0.333.016?) which results in an expected payoff of 4.333. O The game has no optimal pure strategy. The optimal mixed strategy for Player 1 is {0.661 0.333) which results in an expected payoff of 5.333. O The yalue of the game is 6, and the corresponding pure strategy pair is (12,141). 0 The yalue of the game is between [5. 6], with the optimal mixed strategy for Player 2 being [0.661 0.333}. O The yalue of the game is 5, and the corresponding pure strategy pair is ((11,141). Jo and Lee each have a dollar ($1) and a five-cent coin (5c). Simultaneously, they both display a coin. If the coins match, then Jo wins both coins; if they don't match, then Lee wins both coins. What is the optimal strategy for both players this game? (Only consider the total amount obtained for each player) For those not familiar with Australian currency, one dollar is equal to 100 cents: $1 = 100c. Both players should reveal the $1 coin approximately 27.38% of the time, reveal the 5c coin approximately 72.62% of the time. ()Both players should reveal the $1 coin approximately 72.62% of the time, reveal the 5c coin approximately 27.38% of the time. Both players should reveal the 5c coin all the time. Jo should always reveal the 5c coin and Lee should always reveal the $1 coin. OBoth players should reveal the $1 coin all the time. O Jo should always reveal the $1 coin and Lee should always reveal the 5c coin
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