The remainder when \( 64^{64} \) is divided by 7 is equal to:
Two players \( A \) and \( B \) are playing a game. Player \( A \) has two available actions \( a_1 \) and \( a_2 \). Player \( B \) has two available actions \( b_1 \) and \( b_2 \). The payoff matrix arising from their actions is presented below:
Let \( p \) be the probability that player \( A \) plays action \( a_1 \) in the mixed strategy Nash equilibrium of the game.
Then the value of p is (round off to one decimal place).
The installation cost (IC) of a solar power plant is INR 89,000. The plant shall be operational for 5 years. The recurring costs for maintenance of the solar plant per year is INR 5,000 but the benefits it creates including reduction in emissions amounts to INR 25,000 per year. These are the only costs and benefits associated with this project. The social discount rate (r) considered is 4% per year. The yearwise information is presented below.
A coin has a true probability \( \mu \) of turning up Heads. This coin is tossed 100 times and shows up Heads 60 times. The following hypothesis is tested:
\[ H_0: \mu = 0.5 \quad ({Null Hypothesis}), \quad H_1: \mu>0.5 \quad ({Alternative Hypothesis}) \]
Using the Central Limit Theorem, the \( p \)-value of the above test is ________ (round off to three decimal places).
Hint: If Z is a random variable that follows a standard normal distribution, then P (Z ≤ 2) = 0.977.