Cost of a new lion den
A Zoo has offers to look over cost of a new lion den. The actual cost, Y at $200,000 is predicted by the PDF:
f(x) = x for 0 <=x<=1; 2-x for 1 What is the cost? and what is the cost (Y) to develop the den which the probability of exceeding Y is 0.01
What is the cost? and what is the cost (Y) to develop the den which the probability of exceeding Y is 0.01
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