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uniformly distributed between $100,000 and $148,000. (b) How much does Strassel need to bid to be assured of obtaining the property? $128,000$138,000$148,000 Round your answers

image text in transcribed uniformly distributed between $100,000 and $148,000. (b) How much does Strassel need to bid to be assured of obtaining the property? $128,000$138,000$148,000 Round your answers to the nearest dollar.) expected profit for a bid of $128,000 expected profit for a bid of $138,000 expected profit for a bid of $148,000 What is the recommended bid? $ $ $

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