Question: uniformly distributed between $100,000 and $147,000. (b) How much does Strassel need to bid to be assured of obtaining the property? begin{tabular}{|l|} hline$127,000 $137,000

uniformly distributed between $100,000 and

uniformly distributed between $100,000 and $147,000. (b) How much does Strassel need to bid to be assured of obtaining the property? \begin{tabular}{|l|} \hline$127,000 \\ $137,000 \\ $147,000 \\ \hline \end{tabular} 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

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