What is the probability of obtaining an odd number when a fair ...

[rmenurse]

What is the probability of obtaining an odd number when a fair six-sided die is rolled, P(odd number)?
 a. P(odd number) = 3
 
  b. P(odd number) =
 
  c. P(odd number) =
 
  d. P(odd number) =

Question 2

In a bidding model, once we have a bidding strategy that maximizes the expected profit, we should no longer consider the bidder's aversion to risk.
 a. True
  b. False
   Indicate whether the statement is true or false

[brbarasa]

Answer to Question 1

c

Answer to Question 2

FALSE

[rmenurse]

Excellent

[scikid]

Thanks for the timely response, appreciate it