give answer in 2 step with explanation at the end of each step and final answer at the end:5.0R_HW Assignment
A- Please solve problem 15.4.4 Player B's linear program by using Excel
solver.
Player B's Linear Program
Minimize z = v
subject to
v=3y + +3; =0
v+2y—4p+y; =0
v+ Sy + 6ys— 23 =0
NnERty =1
v unrestricted
The solution yields y; = 32.y, = .08,y; = .60, and v = —0.91.
B- Solve the following game graphically. The payoff is for Player A.
By By Bs
Ay 2 -3 8
Ay 3 3 -6
Question:
give answer in 2 step with explanation at the end of each step and final answer at the end:5.0R_HW Assignment
A- Please solve problem 15.4.4 Player B's linear program by using Excel
solver.
Player B's Linear Program
Minimize z = v
subject to
v=3y + +3; =0
v+2y—4p+y; =0
v+ Sy + 6ys— 23 =0
NnERty =1
v unrestricted
The solution yields y; = 32.y, = .08,y; = .60, and v = —0.91.
B- Solve the following game graphically. The payoff is for Player A.
By By Bs
Ay 2 -3 8
Ay 3 3 -6
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Asked by: Pagal
Created at: 2025-06-01 06:26:22
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Let's solve part B step by step, **graphically** for the 2x3 game given (since part A already provides the solution).
### Payoff Matrix (Player A):
| | B1 | B2 | B3 |
|-------|----|-----|----|
| **A1**| 2 | -3 | 8 |
| **A2**| 3 | 3 | -6 |
We are to find the optimal mixed strategy for Player A (let Player A play A1 with probability \( p \) and A2 with probability \( 1-p \)).
---
## **Step 1: Set up the expected payoff equations**
Let \( p \) be the probability that Player A plays A1, and \( 1-p \) the probability for A2.
Expected payoff for Player A if B plays:
- **B1:** \( E_1 = 2p + 3(1-p) = 2p + 3 - 3p = 3 - p \)
- **B2:** \( E_2 = -3p + 3(1-p) = -3p + 3 - 3p = 3 - 6p \)
- **B3:** \( E_3 = 8p + (-6)(1-p) = 8p - 6 + 6p = 14p - 6 \)
**Explanation:**
We derived the expected payoff for each column as a function of \( p \), Player A's mixed strategy.
---
## **Step 2: Graph the payoff lines and find the optimal point**
Now, we need to find the value of \( p \) that maximizes the minimum expected payoff (since Player A wants to maximize the minimum gain).
Let's set up the three equations and look for intersection points (where two strategies give the same expected payoff):
1. \( 3 - p = 3 - 6p \)
\( -p + 6p = 0 \implies 5p = 0 \implies p = 0 \)
2. \( 3 - p = 14p - 6 \)
\( 3 + 6 = 14p + p \implies 9 = 15p \implies p = 0.6 \)
3. \( 3 - 6p = 14p - 6 \)
\( 3 + 6 = 14p + 6p \implies 9 = 20p \implies p = 0.45 \)
Evaluate each expected payoff at these \( p \) values:
- **At \( p = 0 \):**
- \( E_1 = 3 \)
- \( E_2 = 3 \)
- \( E_3 = -6 \)
- **Minimum = -6**
- **At \( p = 0.45 \):**
- \( E_1 = 3 - 0.45 = 2.55 \)
- \( E_2 = 3 - 6 \times 0.45 = 3 - 2.7 = 0.3 \)
- \( E_3 = 14 \times 0.45 - 6 = 6.3 - 6 = 0.3 \)
- **Minimum = 0.3**
- **At \( p = 0.6 \):**
- \( E_1 = 3 - 0.6 = 2.4 \)
- \( E_2 = 3 - 6 \times 0.6 = 3 - 3.6 = -0.6 \)
- \( E_3 = 14 \times 0.6 - 6 = 8.4 - 6 = 2.4 \)
- **Minimum = -0.6**
So, the **maximum of the minimum expected payoffs** is at \( p = 0.45 \), with minimum payoff **0.3**.
**Explanation:**
By equating the expected payoffs and evaluating the minimum at each intersection, we found the optimal probability where Player A maximizes their minimum gain.
---
### **Final Answer:**
- **Player A should play A1 with probability \( 0.45 \) and A2 with probability \( 0.55 \)**
- **The value of the game is \( 0.3 \)**
---
If you need a graphical representation or want to see the lines plotted, let me know!
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