What is the best way to predict the final price in the Pick The Price game?

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Jacob Kurian, Aff (India) Top Author Forum Guru 9/9/2014 3:12 am
Affiliate since: 07/25/2014, Power Rank: 99999999 | Read Jacob's 23 other Ask SC answers
Hi Manuel,

Pick the Price

First I go to previous history of the product then take out the average of last three winning bids of the same date and the average I get will be my Pick of the price.
For example: last three winning bids are: $11.45, $5.11, $5.22 then average of three bids will be $11.45+$5.11+$5.22 divide by 3. You get $7.26 as an average. This $7.26 will be prediction for pick of the price.

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