The Two Random Variables We Typically Simulate as Inputs in Bidding

question 12

Multiple Choice

The two random variables we typically simulate as inputs in bidding models are?

• A) Number of bidding competitors and bid amount
• B) Number of bidding competitors and bid profit
• C) Individual bid amounts and net bidding profits
• D) Mean number of bidding competitors and net bidding profit
• E) None of these options

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