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A Lab Orders 100 Rats a Week for Each of the 52

question 7

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A lab orders 100 rats a week for each of the 52 weeks in the year for experiments that the lab conducts.Prices for 100 rats follow the following distribution: Price: $10.00 $12.50 $15.00
Probability: 0.35 0.40 0.25
How much should the lab budget for next year's rat orders be,assuming this distribution does not change?

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Definitions:

Early Development

A critical period in the life span of an organism, characterized by rapid physical and psychological growth and development.

Lanugo

Fine, soft hair, especially that which covers the body and limbs of a human fetus or newborn.

Unpigmented Hairs

Hairs that lack color due to an absence or decrease in melanin production.

Hair Bulb

The rounded, club-shaped structure at the base of a hair follicle, containing actively dividing cells which produce the hair shaft.

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