Question: Can I please get help on answering this question all the way please? ill be uniformly distributed between $100,000 and $147,000. (a) What is the

Can I please get help on answering this question all the way please?

Can I please get help on answering this question all the way

ill be uniformly distributed between $100,000 and $147,000. (a) What is the estimate of the probability Strassel will be able to obtain the property using a bid of $127,000 ? (Use at least 5,000 trials. Round your answer three decimal places.) (b) How much does Strassel need to bid to be assured of obtaining the property? $127,000$137,000$147,000 $147,000. What is the expected profit (in dollars) for each bid alternative? (Use at least 5,000 trials. Round your answers to the nearest dollar.) expected profit for a bid of $127,000 expected profit for a bid of $137,000 expected profit for a bid of $147,000 What is the recommended bid? $ $127,000 5137000

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