Solution-What would you report to the benefactor

What would you report to the benefactor

Reference no: EM132386892

As an incentive to get Charity X to hold a fundraiser, a benefactor agrees to pay $1000 plus two dollars for every dollar contributed by other donors. She called you to get some idea of what this might cost her. You do know that for other similar fundraisers, Charity X usually receives an amount Y ~ N(100000, 10000). What would you report to the benefactor?

Reference no: EM132386892

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What would you report to the benefactor

Reference no: EM132386892

Reference no: EM132386892

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