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A Lab Orders a Shipment of 100 Rats a Week

Question 10

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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:
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
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

Correct Answer:

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