Mathematics, 19.02.2020 00:21, Epicbuildzz
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 $9,500 will be accepted. Assume that the competitor's bid x is a random variable that is uniformly distributed between $9,500 and $14,700. Suppose you bid $12,000. What is the probability that your bid will be accepted (to 2 decimals)?
Answers: 2
Mathematics, 21.06.2019 22:20, keyshawn437
Question 4 of 10 2 points what is the second part of the process of investigating a question using data? a. rephrasing the question o b. describing the data c. collecting the data o d. making an inference submit
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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