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Using Game Theory And Probability For Business (eBook, ePUB)

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Now for everyone to contemplate, here's a host of riddles-what should one do in a specific scenario? When penalty kick activity is repeated 10-15 times, which side will an individual incline towards to reduce the goals scored being the goalkeeper? Or where will one aim at for your scoring pattern to be maximized? What action would a player make if he has inferences about kicker and goalkeeper from precedence that occurred in the past? That is a tough call.This is where people will apply game theory and an aura of probability to draw a logical conclusion that meets individual interests:Game The...

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