McLaren and Ferrari are competing for the Formula One Constructors' Championship and are deciding whether to increase their spending on their aerodynamic (aero) development. The matrix displays the payoffs to the team that result from each possible choice. Note that, due to other factors, the payoffs are not symmetrical. Assume that each team's goal is to earn as many points as possible. 0 Does McLaren have a dominant strategy? If so, what is i Yes. Their dominant strategy is to leave aero development spending unchanged. No, they do not have a dominant strategy. OYes. Their dominant strategy is to increase aero development spending. 6 Does Ferrari have a dominant strategy? If so, what is it? O No, they do not have a dominant strategy. Yes. Their dominant strategy is to increase aero development spending. Yes. Their dominant strategy is to leave aero development spending unchanged. Ferrari Raise spending Do not change spending Increase spending McLaren McLaren carns 360 points Ferrari earns 354 points McLaren earns 378 points Ferrari earns 153.5 points Do not change spending Attempt McLaren earns 142 points Ferrari earns 460 points McLaren earns 454 points Ferrari carns 400 points

Chegg Home Expert Q&A My solutions Student question Time Left: 00:09:16 Use the data set Home Morloage Disdosure Act Data (HMDA) from the AER package. Subtract 1 from the factor "Was the mortage denied?". Then, eatimate the Inear regression model of paymentsto - income rato on the factor "Was the mortage denied?" ising Ols. Based on these results, the prebabity a mertougo will be denled if the payment - to - income ratio is equal to 2 is a. 1.13 b. 0.107 c. None of these d. 0.52 e. 1.00 Use the data set Home Mortgage Disclosure Act Data (HMDA) from the AER package. Subtract 1 from the factor "Was the mortage denied?". Then, estimate the linear regression model of payments-to-income ratio on the factor "Was the mortage denied?" using OLS. Based on these results, the probability a mortgage will be denied if the payment-to-income ratio is equal to 2 is a. 1.13 Ob.0.87 Oc None of these d.0.52 1.00

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How should be the following given be treated while estimating national income (1) bonus paid to employees