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Author Question: What is the probability of obtaining an odd number when a fair six-sided die is rolled, P(odd ... (Read 101 times)

rmenurse

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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



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brbarasa

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Answer to Question 1

c

Answer to Question 2

FALSE




rmenurse

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


Bigfoot1984

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Reply 3 on: Yesterday
Excellent

 

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