Dale and Terry are racing automobiles around a track. Currently, Terry is in the lead. However, Dale has a faster car and is just behind Terry. The racers' strategies and pay-offs are presented in the table below. 
Does either player have a dominant strategy? Does the game have a Nash equilibrium? What is the maximin strategy of each player in the game?
Definitions:
College Students
Individuals who are enrolled in an institution of higher learning, working towards earning a degree or certificate.
Binomial Distribution
A probability distribution that summarizes the likelihood that a value will take one of two independent states and is based on a fixed number of trials.
P(X = 1)
The probability that a random variable X takes the value 1, a specific outcome in a probability distribution.
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Individuals who exhibit enthusiasm and support for sports teams or athletes, often through attendance at games, viewership, and merchandise purchase.
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