In: Statistics and Probability
For a two-person zero-sum game between X and Y, the payoff matrix for X is:
Y1 | Y2 | Y3 | |
X1 | 1 | 4 | 2 |
X2 | 4 | 1 | 2 |
Formulate the linear program for finding the best mixed strategy for X that maximizes its minimum expected pay off, EP, with p1 and p2 bein the respective probabilities for playing strategies X1 and X2.