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Kelly and Karl can vote for or against a public project. Their payoffs are given in the table:
a. What are the pure-strategy Nash equilibria if any?
b. What is the mixed-strategy Nash equilibrium?
Chi-square Value
A statistical measure used in the chi-square test to compare observed data with data expected to be obtained under a specific hypothesis.
One-tailed Test
A statistical test in which the region of rejection is on only one side of the sampling distribution.
Level of Significance
A predetermined threshold in hypothesis testing, below which the null hypothesis is rejected, indicating statistical significance.
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