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in American

question 42

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Use the following information to answer the Questions:
In American football the "third down and short" situation occurs often. The probabilities of obtaining a first down, shown below, are dependent on the choice of the offense and the anticipated choice of the defense.  Defense  Run  Pass  Offense  Run 0.20.8 Pass 0.50.1\begin{array}{lll}&&&\text { Defense }\\&&\text { Run } &&\text { Pass }\\\text { Offense }&\text { Run } & 0.2 && 0.8 \\&\text { Pass } & 0.5 && 0.1\end{array}
-What is the optimal mixed strategy for the defense?


Definitions:

Source of Financing

The means through which funds are provided to businesses for operating capital or growth, including loans, investment, or earnings.

Float

Money tied up in the check-clearing process.

Check Clearing

Check clearing is the process through which banks verify and process the transfer of funds from the check issuer's account to the recipient's account, finalizing the transaction.

Transit Float

The time difference between when a payment is made and when it is available in the recipient's account.

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