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Question 223 MCQ · 1.0 marks
Consider the example of cascade discussed in the lecture but with a modification that now the urn
is containing either 3 blue balls and 1 red ball or 3 red balls and 1 blue ball with equal probability.
That simply means that the urn is equally likely to be blue-majority urn or red-majority urn. We
assume everyone hears what the previous individuals report and get their own private signal by
randomly drawing one ball from the urn.
Based on the above data, answer the given subquestions.
Suppose one ball is picked from the red majority urn. What is the probability that the ball is blue?
6406532878758.
1/4
6406532878759.
3/4
6406532878760.
1/5
6406532878761.
3/5
A published solution is not available for this question yet.
Consider the example of cascade discussed in the lecture but with a modification that now the urn
is containing either 3 blue balls and 1 red ball or 3 red balls and 1 blue ball with equal probability.
That simply means that the urn is equally likely to be blue-majority urn or red-majority urn. We
assume everyone hears what the previous individuals report and get their own private signal by
randomly drawing one ball from the urn.
Based on the above data, answer the given subquestions.
What is the probability that the urn is red-majority if the first student draws a red ball?
6406532878762.
2/5
6406532878763.
3/5
6406532878764.
3/4
6406532878765.
1/4
A published solution is not available for this question yet.
Consider the example of cascade discussed in the lecture but with a modification that now the urn
is containing either 3 blue balls and 1 red ball or 3 red balls and 1 blue ball with equal probability.
That simply means that the urn is equally likely to be blue-majority urn or red-majority urn. We
assume everyone hears what the previous individuals report and get their own private signal by
randomly drawing one ball from the urn.
Based on the above data, answer the given subquestions.
Should the first student guess the urn to be blue majority (in continuation to the previous
question)?
6406532878766.
Yes
6406532878767.
No
A published solution is not available for this question yet.
Consider the example of cascade discussed in the lecture but with a modification that now the urn
is containing either 3 blue balls and 1 red ball or 3 red balls and 1 blue ball with equal probability.
That simply means that the urn is equally likely to be blue-majority urn or red-majority urn. We
assume everyone hears what the previous individuals report and get their own private signal by
randomly drawing one ball from the urn.
Based on the above data, answer the given subquestions.
Now suppose, first three students draw the ball in the sequence (Red, Red, Blue).
What is the probability of getting this sequence if the urn is a blue-majority urn?
6406532878768.
3/64
6406532878769.
9/64
6406532878770.
3/16
6406532878771.
9/16
A published solution is not available for this question yet.
Consider the example of cascade discussed in the lecture but with a modification that now the urn
is containing either 3 blue balls and 1 red ball or 3 red balls and 1 blue ball with equal probability.
That simply means that the urn is equally likely to be blue-majority urn or red-majority urn. We
assume everyone hears what the previous individuals report and get their own private signal by
randomly drawing one ball from the urn.
Based on the above data, answer the given subquestions.
Now suppose, first three students draw the ball in the sequence (Red, Red, Blue).
What is the probability of getting this sequence if the urn is a red-majority urn?
6406532878772.
3/64
6406532878773.
9/64
6406532878774.
3/16
6406532878775.
9/16
A published solution is not available for this question yet.
Consider the example of cascade discussed in the lecture but with a modification that now the urn
is containing either 3 blue balls and 1 red ball or 3 red balls and 1 blue ball with equal probability.
That simply means that the urn is equally likely to be blue-majority urn or red-majority urn. We
assume everyone hears what the previous individuals report and get their own private signal by
randomly drawing one ball from the urn.
Based on the above data, answer the given subquestions.
Now suppose, first three students draw the ball in the sequence (Red, Red, Blue).
What is the total probability of getting this sequence?
6406532878776.
3/16
6406532878777.
9/32
6406532878778.
9/16
6406532878779.
3/32
A published solution is not available for this question yet.
Consider the example of cascade discussed in the lecture but with a modification that now the urn
is containing either 3 blue balls and 1 red ball or 3 red balls and 1 blue ball with equal probability.
That simply means that the urn is equally likely to be blue-majority urn or red-majority urn. We
assume everyone hears what the previous individuals report and get their own private signal by
randomly drawing one ball from the urn.
Based on the above data, answer the given subquestions.
Now suppose, first three students draw the ball in the sequence (Red, Red, Blue).
What is the probability of urn being red-majority in this scenario?
6406532878780.
3/16
6406532878781.
1/4
6406532878782.
3/64
6406532878783.
3/4
A published solution is not available for this question yet.
Three sweets are running in an election for the most popular sweet: Gulab jamun (G), Malpua (M),
and Balushahi (B). The preference schedule is shown below
Which candidate wins under the plurality method?
6406532878784.
M
6406532878785.
B
6406532878786.
G
6406532878787.
Cannot be determined
A published solution is not available for this question yet.
Suppose there are four alternatives, named A, B, C, and D. There are three voters who have the
following individual rankings:
Based on the above data, answer the given subquestions.
Consider two statements about Borda count:
I: Borda Count (ignoring ties) always produces a complete, transitive ranking for a set of
alternatives.
II: Outcome in Borda count depends on the presence of alternatives that seem “irrelevant”.
Choose the correct alternative about these statements:
6406532878792.
Only I is true
6406532878793.
Only II is true
6406532878794.
None is true
6406532878795.
Both I and II are true
A published solution is not available for this question yet.
Consider the following strategic games and answer the given subquestions.
Evolutionary Stable Strategy (ESS) in Game 2 is (are)
6406532878824.
X
6406532878825.
Y
6406532878826.
X and Y
6406532878827.
None of these
**Managerial Economics**
**Section Id :** 64065361121
**Section Number :** 15
**Section type :** Online
**Mandatory or Optional :** Mandatory
**Number of Questions :** 10
**Number of Questions to be attempted :** 10
**Section Marks :** 25
**Display Number Panel :** Yes
**Section Negative Marks :** 0
**Group All Questions :** No
**Enable Mark as Answered Mark for Review and**
No
**Clear Response :**
**Section Maximum Duration :** 0
**Section Minimum Duration :** 0
**Section Time In :** Minutes
**Maximum Instruction Time :** 0
A published solution is not available for this question yet.
