Give and explain the formula for using information about the average bidder to estimate the probability of

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Give and explain the formula for using information about the average bidder to estimate the probability of winning the job. How would this formula be modified if there is specific information about one particular bidder?

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Pricing Strategies A Marketing approach

ISBN: 978-1412964746

1st edition

Authors: Robert M. Schindler

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Question Posted: Feb 04, 2016 06:31 AM

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Give and explain the formula for using information about the average bidder to estimate the probability of

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