The Contingency Table Below Provides Frequencies for the Preferred Type

question 111

Multiple Choice

The contingency table below provides frequencies for the preferred type of exercise for people under the age of 35 and those 35 years of age or older. Find the probability that an individual prefers running.

• A) 0.3159
• B) 0.3915
• C) 0.6085
• D) 0.6805

---

Definitions:

Repeated Game

A strategic scenario in game theory where the same game is played several times, allowing players to revise their strategy based on past outcomes.

Nash Equilibrium

A concept in game theory where each player's strategy is optimal given the strategies of all other players in the game, leading to a situation from which no player has an incentive to deviate.

Prisoner's Dilemma

A scenario in game theory where two individuals acting in their own self-interest do not produce the optimal outcome, showcasing the conflict between personal and collective rationality.

Payoff Matrix

A table that illustrates the outcomes (or payoffs) of different strategies or decisions made by players in a strategic or game-theoretic context.