Mathematics, 16.02.2022 23:40 kimilew
An auction website charges $1 for
bid The bidding starts at 1¢ and goes up 1c at a time. A television that is worth
$2000 is won, on average, with a bid of $160. You make one bid at random.
Find the expected value of the outcome of the bid. (Write as an exact decimal, with a negative sign, if necessary.)
Expected Value: $
Answers: 3
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An auction website charges $1 for
bid The bidding starts at 1¢ and goes up 1c at a time. A televis...
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