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A Lab Orders a Shipment of 100 Rats a Week  Price $10.00$12.50$15.00 Probability 0.20.30.5\begin{array} { l | c c c } \text { Price } & \$ 10.00 & \$ 12.50 & \$ 15.00 \\\hline \text { Probability } & 0.2 & 0.3 & 0.5\end{array}

Question 91

Multiple Choice

A lab orders a shipment of 100 rats a week, 52 weeks a year, from a rat supplier for experiments that the labconducts. Prices for each weekly shipment of rats follow the distribution below:  Price $10.00$12.50$15.00 Probability 0.20.30.5\begin{array} { l | c c c } \text { Price } & \$ 10.00 & \$ 12.50 & \$ 15.00 \\\hline \text { Probability } & 0.2 & 0.3 & 0.5\end{array} How much should the lab budget for next yearʹs rat orders assuming this distribution does not change. (Hint:find the expected price.)


A) $689.00
B) $13.25
C) $1325.00
D) $3,582,800.00

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