A lab orders a shipment of 100 rats a week, 52 weeks a year, from a rat supplier for experiments that the lab conducts. Prices for each weekly shipment of rats follow the distribution below:

How much should the lab budget for next year's rat orders assuming this distribution does not change. (Hint: find the expected price.)
A) $1238.00
B) $643.50
C) $12.38
D) $3,346,200.00

Question

A lab orders a shipment of 100 rats a week, 52 weeks a year, from a rat supplier for experiments that the lab conducts. Prices for each weekly shipment of rats follow the distribution below:

How much should the lab budget for next year's rat orders assuming this distribution does not change. (Hint: find the expected price.)
A) $1238.00 
B) $643.50 
C) $12.38 
D) $3,346,200.00

Quizplus · Accepted Answer

The Answer of A lab orders a shipment of 100 rats a week, 52 weeks a year, from a rat supplier for experiments that the lab conducts. Prices for each weekly shipment of rats follow the distribution below:

How much should the lab budget for next year's rat orders assuming this distribution does not change. (Hint: find the expected price.)
A) $1238.00 
B) $643.50 
C) $12.38 
D) $3,346,200.00

A Lab Orders a Shipment of 100 Rats a Week