A government agency is putting a large projector out for


A government agency is putting a large projector out for low bid. Bids are expected from 10 different contractors and will have a normal distribution with a mean of $3.5 mil and a standard deviation of $250,000. Devise and implement a sampling experiment for estimating the distribution of the minimum bid and expected value of the minimum bid.

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Basic Statistics: A government agency is putting a large projector out for
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