Question: Please help me answer this question. Can you also help me do this in excel with the steps for excel equations? 4 uniformly distributed between

Please help me answer this question. Can you also help me doPlease help me answer this question. Can you also help me do this in excel with the steps for excel equations? 4

uniformly distributed between $100,000 and $150,000. the estimate of the probability Strassel will be able to obtain the property using a bid of $130,000 ? (Round your answer to the nearest tenth of a percent.) % (b) How much does Strassel need to bid to be assured of obtaining the property? $130,000$140,000$150,000 $130,000,$140,000, or $150,000. (Round your answers to the nearest dollar.) expected profit for a bid of $130,000 expected profit for a bid of $140,000 expected profit for a bid of $150,000 A bid of results in the largest mean profit of the three alternatives

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