Use the Following to Answer Questions

question 162

Multiple Choice

Use the following to answer questions :
Figure: Payoff Matrix for Gehrig and Gabriel
-(Figure: Payoff Matrix for Gehrig and Gabriel) Use Figure: Payoff Matrix for Gehrig and Gabriel.The figure describes two people who sell handmade Carey Price figurines in Montreal.Both Gehrig and Gabriel have two strategies available to them: to produce 5 000 figurines each month or to produce 7 000 figurines each month.For both Gehrig and Gabriel,the dominant strategy is to:

• A) produce 5 000 figurines.
• B) produce 7 000 figurines.
• C) produce between 5 000 and 7 000 figurines.
• D) collude and increase production to more than 14 000 figurines.

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Definitions:

Classes

Categories or groups into which data or objects are organized based on shared characteristics or attributes.

Histograms

A graphical representation that organizes a group of data points into user-specified ranges.

Leaf

In the context of a tree data structure, a leaf is a node that has no children.

Stem

In the context of data visualization, the stem represents the main part of a stem-and-leaf plot, displaying digits for significant value while the leaf displays less significant digits.