The annual income (in thousands of dollars) of all ten entries in a lottery are $30,25,50,48,30,30,60,42,38,15$, and their chances of winning are all equal.
-If we want to predict the annual income of the winner, what prediction maximizes the expected reward if there is a reward for being right but none for being close?

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The Answer of The annual income (in thousands of dollars) of all ten entries in a lottery are $30,25,50,48,30,30,60,42,38,15$, and their chances of winning are all equal.
-If we want to predict the annual income of the winner, what prediction maximizes the expected reward if there is a reward for being right but none for being close?

The Annual Income (In Thousands of Dollars) of All Ten 30,25,50,48,30,30,60,42,38,1530,25,50,48,30,30,60,42,38,1530,25,50,48,30,30,60,42,38,15

The Annual Income (In Thousands of Dollars) of All Ten $30,25,50,48,30,30,60,42,38,15$