Mathematics, 20.09.2019 16:10, neariah24
Suppose we are interested in bidding on a piece of land and we know one other bidder is interested. the seller announced that the highest bid in excess of $10,000 will be accepted. assume that the competitor's bid x is a random variable that is uniformly distributed between $10,000 and $15,000.p(x≤x)=x-a/b-aa. suppose you bid $12,000. what is the probability that your bid will be accepted (to 2 decimals)? b. suppose you bid $14,000. what is the probability that your bid will be accepted (to 2 decimals)? c. what amount should you bid to maximize the probability that you get the property? d. suppose you know someone who is willing to pay you $16,000 for the property. would you consider bidding less than the amount in part (c)?
Answers: 2
Mathematics, 22.06.2019 00:30, ejones123
Select the correct answer. employee earnings per month($) 1 1,200 2 2,600 3 1,800 4 1,450 5 3,500 6 2,800 7 12,500 8 3,200 which measure of spread is best for the data in the table? a. range b. quartiles c. interquartile range d. mean absolute deviation
Answers: 2
Mathematics, 22.06.2019 01:00, armonilucky11
Suppose m: angle a =77 degrees what is the measure of a complement of a complement of angle a, what is a conclusion you can draw about a complement of a complement of an angle
Answers: 1
Suppose we are interested in bidding on a piece of land and we know one other bidder is interested....
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