Drum’s cow was offered for sale at auction. One of the clauses contained in the auction catalogue stated that ‘no animal is … sold with a warranty unless specifically mentioned at the time of offering

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Drum’s cow was offered for sale at auction. One of the clauses contained in the auction catalogue stated that ‘no animal is … sold with a warranty unless specifically mentioned at the time of offering, and no warranty so given shall have any legal effect or force unless the terms thereof appear on the purchaser’s account’. Bidding was slow because of the cow’s poor appearance. In a bid to get things moving, Drum said: ‘There is nothing wrong with her … I will guarantee her in every respect’. Harp, on hearing this, successfully bid for the cow only to find when he got her home that she had TB. She died shortly thereafter.

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#065

Regression Analysis of Ipl Players Auction

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Linear regression model has been developed using Backward variable selection method. The criterion used for Backward method is Probability of F-to-remove &gt;= 0. 100 As seen from the above table in our model the ‘R Square’ value of is 0. 618 and ‘Adjusted R Square’ value is 0. 592. Team variable is removed Cricket in the T20 format is considered a young man’s sport, is there evidence that the player’s price is influenced by age? From our analysis we have seen that the price of a player is greater if the player is less than 25 years of age.
Identify the predictor that has the highest impact on the price of players. Batting strike rate and bowling strike rate do not have significant impact on the pricing. This can be explained by very low R2 = 0. 014 for bowling strike rate and R2 = 0. 034 for batting strike rate. Bowling Strike Rate vs Sold Price Batting Strike Rate vs Sold Price The base price has the highest impact on Selling Price of the players. When compared to others, the base price has the highest R square value

How much should Mumbai Indians offer Sachin Tendulkar if they would like to retain him? Is the model sufficient to predict the price of Icon players? According to model, the sold price of Sachin is 1800000 but fair value of Sachin Tendulkar is 1598610. 008 which minimum amount should be paid. Icon player should get 15% premium over second highest pay. But this factor is not considered in our analysis. Hence, our model can’t predict the value of icon players.

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#065

Drum’s cow was offered for sale at auction. One of the clauses contained in the

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Drum’s cow was offered for sale at auction. One of the clauses contained in the auction catalogue stated that ‘no animal is … sold with a warranty unless specifically mentioned at the time of offering, and no warranty so given shall have any legal effect or force unless the terms thereof appear on the purchaser’s account’. Bidding was slow because of the cow’s poor appearance. In a bid to get things moving, Drum said: ‘There is nothing wrong with her … I will guarantee her in every respect’. Harp, on hearing this, successfully bid for the cow only to find when he got her home that she had TB. She died shortly thereafter.

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#065

Ethical Business Responsibility Assignment – Honda Auction Case

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College essay writing servicePlease read the attached pdf. regarding the Honda Auction case and answer the questions at the end:Did Conant make the right decision? What would you do in his position?The case contains ethical conflicts. You need to identify the ethical problem that exists. Then apply ideas, principles, and methods from Chapter 7 and 8 to resolve it. The chapter pdfs. are attached for your reference.Follow these guidelines for writing the paper:1. No more than one page2. Double space3. 12 pt font Purchase the answer to view it.
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#075

The art dealers and auction house be liable to their clients for selling an art work

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In what circumstances will the art dealers and auction house be liable to their clients for selling an art work, where there is a disagreement to its authenticity? ( a comparative perspective between US and UK)

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#065

Marginal and Total Utility You go to an auction and set a maximum price of $100

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Marginal and Total UtilityYou go to an auction and set a maximum price of $100 you arewilling to bid on an item. However, you are fortunate and purchase it for $50.1) Does the lower price alter the marginal utility youoriginally placed on the item?2) Is your potential total utility increased because of thelower price?Marginal and Total UtilityYou go to an auction and set a maximum price of $100 you arewilling to bid on an item. However, you are fortunate and purchase it for $50.1) Does the lower price alter the marginal utility youoriginally placed on the item?2) Is your potential total utility increased because of thelower price?
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#065

Two bidders are competing in a Dutch auction. The weak bidder has a valuation distributed uniformly

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on [0, 1], while the strong bidder has a valuation that is independently distributed uniformly on [0, v ¯] for some v ¯ > 1. If v ¯ is very large, then the strong bidder is much stronger than the weak bidder. Let sw(v) denote the equilibrium strategies for the weak bidder, let Pw(v) denote the probability that the weak bidder expects to win in equilibrium, and let Tw(v) denote the expected payment for a weak bidder (i.e. Pw(v) · sw(v)).
(a) Let ss(v) denote the strong bidder’s equilibrium strategy. Is ss(v) greater or less than sw(v)?
(b) If v ¯ increases, will Pw(v) increase or decrease for 0
(c) If v ¯ increases, will sw(v) increase or decrease for v > 0?
(d) If v ¯ increases, will Tw(1) increase or decrease? [Hint: Pw(1) = 1 regardless of v ¯.]
(e) If v ¯ increases, will Tw(v) increase or decrease for very small values of v? [Hint: sw(v) is already very close to v when v is very small. Since sw(v)

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#065

shoppingbay is an online auction service that requires several reports. data for each auctioned……

shoppingbay is an online auction service that requires several reports. data for each auctioned item includes an id number,item description, length of auction in days, and minimum required bid. design an algorithm and write a vb.net program that accepts data for one auctioned item. display data for an auction only if the minimum required bid is over $20,000,000
Mar 11 2018 11:24 PM
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Two bidders are competing in a Dutch auction

The weak bidder has a valuation distributed uniformly on [0, 1], while the strong bidder has a valuation that is independently distributed uniformly on [0, v ¯] for some v ¯ > 1. If v ¯ is very large, then the strong bidder is much stronger than the weak bidder. Let sw(v) denote the equilibrium strategies for the weak bidder, let Pw(v) denote the probability that the weak bidder expects to win in equilibrium, and let Tw(v) denote the expected payment for a weak bidder (i.e. Pw(v) · sw(v)).
(a) Let ss(v) denote the strong bidder’s equilibrium strategy. Is ss(v) greater or less than sw(v)?
(b) If v ¯ increases, will Pw(v) increase or decrease for 0
(c) If v ¯ increases, will sw(v) increase or decrease for v > 0?
(d) If v ¯ increases, will Tw(1) increase or decrease? [Hint: Pw(1) = 1 regardless of v ¯.]
(e) If v ¯ increases, will Tw(v) increase or decrease for very small values of v? [Hint: sw(v) is already very close to v when v is very small. Since sw(v)
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