Consider the Following Payoff Matrix Facing Harry and Sally When

question 34

Multiple Choice

Consider the following payoff matrix facing Harry and Sally when each chooses to go to the coffee shop listed. Both Harry and Sally would like to meet each other but are shy about asking the other out on a date. $\begin{array}{|l|l|l|l|}\hline &&\text { Harry }\\\hline && \text { Starbucks } & \text { Dunkin Donuts } \\\hline \text { Sally }&\text { Starbucks } & \text { H: } 1, \mathrm{~S}: 1 & \text { H: } 0, \mathrm{~S}: 0 \\\hline &\text { Dunkin Donuts } &\mathrm{H}: 0, \mathrm{~S}: 0 & \mathrm{H}: 1, \mathrm{~S}: 1 \\\hline\end{array}$ If Harry and Sally go to the coffee shop every day, what is Harry's best strategy?

• A)Harry has no best strategy.
• B)Choose one shop to go to and keep going to it.
• C)Randomly choose between the two shops and hope Sally will end up there too.
• D)Stay at home.

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Definitions:

Precise

Refers to the closeness of two or more measurements to each other, indicating consistency regardless of accuracy.

Precise

Characterized by accuracy and exactness in action, measurement, or expression.

Accuracy

The extent to which a measurement, calculation, or specification matches the accurate value or a benchmark.

Accurate

A description of how close a measured or calculated value is to the true value, reflecting the correctness of the measurement.