Question

Consider a modified form of Matching biased coins game problem. The matching player is paid Rs 8.00 if the two coins turn both heads and Re. 1.00 if the coins turn both tail. The non- Registration Number: matching player is paid Rs. 3.00 when the two coins do not match. Given the choice of being the matching or non matching player, which one would you choose and what would be your strategy.​

Answer 1

Answer:

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