Examlex

Solved

Construct Probability Histograms
-A Lab Orders a Shipment of 100  Price $10.00$12.50$15.00 Probability 0.20.150.65\begin{array}{l|ccc}\text { Price } & \$ 10.00 & \$ 12.50 & \$ 15.00 \\\hline \text { Probability } & 0.2 & 0.15 & 0.65\end{array}

question 88

Multiple Choice

Construct Probability Histograms
-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 0.20.150.65\begin{array}{l|ccc}\text { Price } & \$ 10.00 & \$ 12.50 & \$ 15.00 \\\hline \text { Probability } & 0.2 & 0.15 & 0.65\end{array}
Suppose the mean cost of the rats turned out to be $13.63 per week. Interpret this value.


Definitions:

American Businessmen

Entrepreneurs and professionals engaged in commercial, industrial, or professional activities in the United States.

Tea

A beverage made by steeping dried leaves of the tea plant (Camellia sinensis) in hot water, known for its cultural and historical significance across the world.

Opium

A narcotic obtained from the poppy plant, historically used for its analgesic and euphoric properties, and central to several historic conflicts such as the Opium Wars.

Mexican Southwest

Refers to the region of the United States that was formerly part of Mexico, including states such as California, Arizona, New Mexico, and Texas.

Related Questions