A lab orders a shipment of 100 rats a week 52 weeks a year

Last updated: 2/21/2023

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 Price 10 00 12 50 15 00 Probability 0 2 0 15 0 65 How much should the lab budget for next year s rat orders assuming this distribution does not change Round to the nearest cent Hint Find the expected price OA 3 664 200 00 B 13 63 OC 1 363 00 D 708 50