Examlex
The student body of a large university consists of 65% female students. A random sample of 8 students is selected. What is the probability that among the students in the sample at least 6 are male?
English Auction
A type of auction where bidders openly bid against one another, and the item is sold to the highest bidder.
Examine
To inspect or scrutinize carefully.
Vickrey Auction
A type of sealed-bid auction where the highest bidder wins but pays the price bid by the second-highest bidder.
Common Values
Refers to a situation in auctions or market settings where a particular item has the same value to all bidders or participants.
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