RonÕs Expected Winnings
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E = pqa + p(1-q)b +(1-p)qc + (1-p)(1-q)d
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For the second matrix game, above, we
plug in a = 1, b = -4, c = -3, and d = 1.
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With a little algebra this gives:
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E = 9pq – 5p – 4q + 1
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Consider the simple cases:
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p,q = 0, E = 1
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p,q = 1, E = 1