Simpson, alsen, and eden (technometrics 1975) report the results of trials in which clouds were seeded and the amount of rainfall recorded. the authors report on 26 seeded and 26 unseeded clouds in order of the amount of rainfall, largest amount first. here are two possible tests to study the question of whether cloud seeding works.

Suppose we are interested in bidding on a piece of land and we know one other bidder is interested. the seller announced that the highest bid in excess of $9,500 will be accepted. assume that the competitor's bid x is a random variable that is uniformly distributed between $9,500 and $15,500. suppose you bid $12,000. what is the probability that your bid will be accepted?

What common business mistake can cost you everything

You have collected the company performance data below for acme shoes and brand x