Question: Using the file LandSharkBeta, evaluate bid amounts from $1,229,000 to $1,329,000 in increments of $20,000 by building a table listing 95% confidence intervals around the
Using the file LandSharkBeta, evaluate bid amounts from $1,229,000 to $1,329,000 in increments of $20,000 by building a table listing 95% confidence intervals around the average return and probability of winning the auction. Which of these bid amounts do you recommend?
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