What is the significance of “bid week”? How many days in “bid week”?
In the natural gas market, the largest volume of trading occurs in the last week of every month. This week is called the "bid week" and is usually the five business days immediately preceding the first of the month.
During this week, producers are trying to sell their core production and consumers are trying to buy for their core natural gas needs for the upcoming month. This allows buyers and sellers to negotiate and lock in a price for physical delivery of natural gas in the following month, effectively minimizing the risk and uncertainty associated with the daily spot market.
The average prices set during bid week are commonly the prices used in physical contracts.
There are five business days in a "bid week".
What is the significance of “bid week”? How many days in “bid week”?
significance level is .05
10. Towson University wants to estimate how many hours per week students work at paying jobs. How many students do they need to survey, in order to have an estimate, to within a half hour, the mean number of hours a TU student works per week? Assume that in a survey done five years ago, the sample standard deviation was.42 hours.
10. Towson University wants to estimate how many hours per week students work at paying...
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Home A survey asked respondents how many days they had eaten food prepared at a restaurant in the previous week. The probability distribution is given below. Find the expected value ork PIX) & Tests What is the expected value? 0.to 24 toži to:13 +0.1 to Man (Round to the nearest hundredth as needed.) book er Conte
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