Author Question: What is the probability of obtaining an odd number when a fair six-sided die is rolled, P(odd ... (Read 47 times)

rmenurse · **on:** Jun 24, 2018

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