Order the answer to: A class of 100 students is participating in an auction

Academic Help business economics Order the answer to: A class of 100 students is participating in an auction

business economics

Order the answer to: A class of 100 students is participating in an auction

Question A class of 100 students is participating in an auction to see who gets a large jar of quarters. Each student has an unbiased estimate of the total value of the coins. If these estimates are drawn from the interval (0, C), where C is not known, and your own estimate is $ 50, how much should you bid?
Subject business economics
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