Today There Are __________ Adherents of New Religions

question 32

Multiple Choice

Today there are __________ adherents of new religions.

• A) approximately 75 million
• B) approximately 150 million
• C) over 200 million
• D) over 600 million
• E) approximately 1.2 billion

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Definitions:

Expected Payoffs

The forecasted return on an investment or decision, taken as the weighted average of all possible outcomes, considering their probabilities.

Mixed Strategy Equilibrium

Mixed Strategy Equilibrium is a concept in game theory where each player in a game randomizes over possible moves according to a specific probability distribution, and no player can benefit by changing their strategy unilaterally.

Pure Strategy Equilibria

A situation in game theory where all players have chosen a strategy and have no incentive to change, leading to a stable outcome.

Maximin Strategy

A decision rule used in game theory and decision making to maximize the minimum possible payoff, focusing on minimizing losses in the worst-case scenario.