Question: uniformly distributed between $ 1 0 0 , 0 0 0 and $ 1 4 3 , 0 0 0 . ( b ) How

uniformly distributed between $100,000 and $143,000.
(b) How much does Strassel need to bid tobe assured of obtaining the property?
$123,000
$133,000
$143,000
answers to the nearest dollar. Parameters
Selling Price
Competitor A Bid
Competitor B Bid
Maximum Value
Model
Strassel Bid
uniformly distributed between $ 1 0 0 , 0 0 0 and

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