Exercise 1.1: Expected Value

  • Due Jan 4, 2023 at 5pm
  • Points 20
  • Questions 1
  • Available Jan 4, 2023 at 12pm - Jan 4, 2023 at 6pm 6 hours
  • Time Limit None

Instructions

Setup:

  • Buyer’s value uniformly from {10, 20, 30, 40, 50, 60, 70, 80, 90, 100}.

Question: What is buyer’s expected value?

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