The table given below describes the payoffs to Jack and Jill when each chooses to produce rock,scissors,or paper.The payoff matrix indicates the dollar payments from the loser to the winner.
Table 14-4 
-Refer to Table 14-4.Identify the Nash equilibrium,if any.
Definitions:
Population Mean
The average of all the values in a population, calculated by summing all the values and dividing by the count of values.
Sample Mean
The average value computed from a sample of data, used to estimate the population mean.
Descriptive Measures
Statistical calculations used to summarize or describe characteristics of a dataset, including measures like count, mean, median, and mode.
Central Tendency
A statistical measure that identifies a single value as representative of an entire distribution, aiming to provide an accurate description of the entire data set.
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