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The table below shows the payoff matrix for players A and B to strategies X and Z.
-Refer to the payoff matrix above.Player A finds that strategy X is __________ and player B finds that strategy X is __________.
Central Tendency
A statistical measure that identifies the center of a data set, represented by mean, median, or mode.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values.
Correlational Coefficient
A statistical measure that indicates the extent to which two or more variables fluctuate together, showing the direction and strength of a relationship between variables.
Error
A mistake made in thinking or action that leads to incorrect or unintended results.
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