(Answered) For every thousand dollars your predictions

Statistics

For every thousand dollars your predictions fall above the actual cash balances, you lose MC = $5 from your salary, whereas for every thousand dollars your predictions fall below the actual cash balances, you lose MB = $95 from your salary. Given your incentives scheme, what should be your optimal prediction (in $1,000s) for cash balances if your goal is to maximize your own salary?

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