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4 October, 21:45

A lab orders a shipment of 100 rats a week for experiments that the lab conducts. Prices for each weekly shipment of rats follow the distribution below. Suppose the mean cost of the rats turned out to be $ 12.63 per week. Interpret this value. How much should the lab budget for the next year's rat orders assuming this distribution does not change. Find the expected price.

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  1. 4 October, 22:35
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    Therefore, the budget is 656.76$.

    Step-by-step explanation:

    We know that a lab orders a shipment of 100 rats a week for experiments that the lab conducts. Suppose the mean cost of the rats turned out to be $ 12.63 per week. We calculate budget of a lab for the next year's.

    We know that 1 year have 52 weeks. We get

    52 · 12.63 = 656.76

    Therefore, the budget is 656.76$.
  2. 5 October, 01:06
    0
    Step-by-step explanation:

    Weekly cost of shipping rats = $12.63/week.

    Assume, 1 year have 52 weeks,

    Price for the next year = 52 * 12.63

    = 656.76

    Therefore, the budget = $656.76
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