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containing the pricing parameters provided by the gas supplier for the upcoming qu samples of hourly demands from the previous year. a) Let Cl. be

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containing the pricing parameters provided by the gas supplier for the upcoming qu samples of hourly demands from the previous year. a) Let Cl. be the random variable given by _Ct_{QF + I:irr _XEJ o = cps? + Hrs + max cits 41m: + til) CHE: - (or + rel] + (C? - EDGE - Cairo + Show that the random variable Cr models the hourly costs correctly. i_e_: it is ' pricing scheme described verbally above. HINT: Write an inequality stating t most term inside the man operator is greater than the middle term. Then solve th I} and qF + qt for which this inequality holds. Now T.vrite an inequality stat middle term is greater than the bottom term and solve the values of X: and which this inequality holds. It is safe to assume that Cl s: cr { C? s: C? s: of ca

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