dolution

For the function f(x, y) = x²y – 2xy? – y3 + 6y, find all the critical points (x,y) and show if they are min/max/saddle. 2. Use any algoritm/method you’ve learned during class to solve the model given below: min 2x2x x > 0 3. You have 2TLs and are playing a game with p = 0.4 chance of winning. If you are playing 4 rounds and want to finish the game with 6TLs, formulate a strategy using stochastic dynamic programming that will maximize your chance. Note that you can bet 0 or more (up to what you currently have) in each round and winning means doubling your bet, otherwise you lose the amount you’ve bet.