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

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: $$\begin{array} { l | c c c } \text { Price } & \$ 10.00 & \$ 12.50 & \$ 15.00 \\\hline \text { Probability } & 0.4 & 0.45 & 0.15\end{array}$$ 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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