Figure 3.1 : Homer and Marge have been accused of committing a crime, and the payoff matrix below represents the payoffs associated with confessing to the crime and denying having committed the crime.
-Refer to Figure 3.1. If Marge confesses to the crime and Homer does not, what is Homer's payout?
A) 1 year
B) 2 years
C) 7 years
D) 15 years

Question

Figure 3.1 : Homer and Marge have been accused of committing a crime, and the payoff matrix below represents the payoffs associated with confessing to the crime and denying having committed the crime. 
-Refer to Figure 3.1. If Marge confesses to the crime and Homer does not, what is Homer's payout?
A) 1 year 
B) 2 years 
C) 7 years 
D) 15 years

Quizplus · Accepted Answer

The Answer of Figure 3.1 : Homer and Marge have been accused of committing a crime, and the payoff matrix below represents the payoffs associated with confessing to the crime and denying having committed the crime. 
-Refer to Figure 3.1. If Marge confesses to the crime and Homer does not, what is Homer's payout?
A) 1 year 
B) 2 years 
C) 7 years 
D) 15 years

Figure 31 : Homer and Marge Have Been Accused of Committing