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A Lab Orders a Shipment of 100 Frogs Each Week  Price $10.00$12.50$15.00 Probability 0.40.450.15\begin{array} { l | c c c } \text { Price } & \$ 10.00 & \$ 12.50 & \$ 15.00 \\\hline \text { Probability } & 0.4 & 0.45 & 0.15\end{array}

Question 13

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 0.40.450.15\begin{array} { l | c c c } \text { Price } & \$ 10.00 & \$ 12.50 & \$ 15.00 \\\hline \text { Probability } & 0.4 & 0.45 & 0.15\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) $617.50
B) $11.88
C) $1188.00
D) $3,211,000.00

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