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A Lab Orders a Shipment of 100 Frogs Each Week  Price $10.00$12.50$15.00 Probability 0.30.40.3\begin{array} { l | c c c } \text { Price } & \$ 10.00 & \$ 12.50 & \$ 15.00 \\\hline \text { Probability } & 0.3 & 0.4 & 0.3\end{array}

Question 202

Multiple Choice

A lab orders a shipment of 100 frogs each week. Prices for the weekly shipments of frogs follow the distribution below:  Price $10.00$12.50$15.00 Probability 0.30.40.3\begin{array} { l | c c c } \text { Price } & \$ 10.00 & \$ 12.50 & \$ 15.00 \\\hline \text { Probability } & 0.3 & 0.4 & 0.3\end{array} How much should the lab budget for next year's frog orders assuming this distribution does not change? (Hint: Find the expected price and assume 52 weeks per year.)


A) $3,380,000.00
B) $1250.00
C) $650.00
D) $12.50

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