The NBA is looking to expand to another city. In order to decide which city will receive a new team, the commissioner interviews potential owners from each of the N potential cities (N is a positive integer), one at a time. Unfortunately, the owners would like to know immediately after the interview whether their city will receive the team or not. The commissioner decides to use the following strategy: she will interview the first m owners and reject all of them (m € {1,...,N}). After the mth owner is interviewed, s/he will pick the first city that is better than all previous cities. The cities are interviewed in a uniformly random order. Required:
What is the probability that the best city is selected? Assume that the commissioner has an objective method of scoring each city and that each city receives a unique score.

step-by-step explanation:

a.   since the profit made in 2012 is equal to the profit made in 2014, the profit is           symmetric about the line y = 120,000.

step-by-step explanation:

given that megan owns a clothing boutique.

the profits of 2010, 11, are recorded and shown as follows:

years since     2010 0     1     2     3       4       5

profits made in 1000's   39       84     111     120   111     84

we find that profit gradually increases form 2010 to 2013 upto 120,   then starts decreasing.

the profits for 2012 and 2014 are the same while that of 2011 and 2015 are also the same.

this shows that there is symmetry about the line profit = 120000

hence answer is:

a.   since the profit made in 2012 is equal to the profit made in 2014, the profit is           symmetric about the line y = 120,000.

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step-by-step explanation:

what graph

step-by-step explanation: