For an exponential distribution, the memoryless property applies, meaning:
P(X > s + t | X > s) = P(X > t)
Here, we have:
Using the exponential survival function:
P(X > 10) = eβΞ» Γ 10
Substituting the value of Ξ»:
P(X > 10) = eβ1/5
The sum of the payoffs to the players in the Nash equilibrium of the following simultaneous game is ............
Player Y | ||
---|---|---|
C | NC | |
Player X | X: 50, Y: 50 | X: 40, Y: 30 |
X: 30, Y: 40 | X: 20, Y: 20 |