Binomial Distribution Analysis and Nash Equilibria Analysis
Description
DELIVERABLE 2- Binomial Distribution Analysis
INSTRUCTIONS
You have just been hired by G&B consulting and given your first assignment. A local independently wealthy citizen who happens to enjoy both gambling and baseball, but not math, has asked you to help him determine the likelihood of some different outcomes for the upcoming season.
WHAT TO SUBMIT
To complete this assignment, you must first download the worksheet
Your step-by-step breakdown of the problems, including explanations, should be present within the word document provided. If you use Excel for any of your calculations that file must also be included in the drop box.
DELIVERABLE 3….Nash Equilibria Analysis
INSTRUCTIONS
A local law firm has hired G&B consulting to help determine a business strategy. There is a competing firm in the area and recently the two firms have begun talks in regards to a merger. The merger would mean there are more shared resources than either had before individually. There would also be less competition for both companies. Both would be able to operate more efficiently, however it would take a strong commitment from both sides for the merger to be successful. The law firm that has hired you wants to know their optimum strategy in this situation.
WHAT TO SUBMIT
To complete this assignment, you must first download the worksheet.
Your step-by-step breakdown of the problems, including explanations, should be present within the word document provided. If you use Excel for any of your calculations that file must also be included in the drop box.
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