A lab orders 100 rats a week for each of the 52 weeks in the year for experiments that the lab conducts. Prices for 100 rats follow the following distribution: $\begin{array}{lrrr}
\text { Price: } & \$ 10.00 & \$ 12.50 & \$ 15.00 \
\hline \text { Probability: } & 0.35 & 0.40 & 0.25
\end{array}$
How much should the lab budget for next year's rat orders be, assuming this distribution does not
Change?
A) $520
B) $637
C) $650
D) $780

Question

A lab orders 100 rats a week for each of the 52 weeks in the year for experiments that the lab conducts. Prices for 100 rats follow the following distribution: $\begin{array}{lrrr}
\text { Price: } & \$ 10.00 & \$ 12.50 & \$ 15.00 \
\hline \text { Probability: } & 0.35 & 0.40 & 0.25
\end{array}$
 How much should the lab budget for next year's rat orders be, assuming this distribution does not
Change?
A) $520
B) $637
C) $650
D) $780

Quizplus · Accepted Answer

The Answer of A lab orders 100 rats a week for each of the 52 weeks in the year for experiments that the lab conducts. Prices for 100 rats follow the following distribution: $\begin{array}{lrrr}
\text { Price: } & \$ 10.00 & \$ 12.50 & \$ 15.00 \
\hline \text { Probability: } & 0.35 & 0.40 & 0.25
\end{array}$
 How much should the lab budget for next year's rat orders be, assuming this distribution does not
Change?
A) $520
B) $637
C) $650
D) $780

A Lab Orders 100 Rats a Week for Each of the 52