1. You are in the market for a used car At a used car Jot. you know that the blue book value for the cars you are looking al is between $20,000 and S24.DOOv If you believe the dealer knows as much atnut the car as , how much are you Willing to pay?

Assume that you only care about the exix•cted value Of the car you buy and that the car values are symmetrically distributed.