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7. Suppose X is uniformly distributed from 0 to 100. Because the seller only puts his car on the market if P> X, the only values of X that can be

on the market are from 0 to 50, where X is uniformly distributed. This makes the expected value of X 50 - 0 E(X)= 2 If E(X) = 25, will the buyer purchase the car? Why or why not? 25

Fig: 1