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Quist6 A lab orders a shipment of 400 rats awek, 52 weeks a year, from a rat supplier for experiments that the lab conduct's Prices for each weekly shipment of rat3 folliw the distribution belu Price H 10.00 12.50 15.00 Probobility 0.4S 0.2 0.35 tawmuch should the lab bud gat for next year's rat orders as Suming this dıştbution doesnot change. Hint find the espertid price) a)1225.00 b) $637.00 c) 12.25 d) $ 3, 312, 40O. 0

Quist6 A lab orders a shipment of 400 rats awek, 52 weeks a year, from a rat supplier for experiments that the lab conduct's Prices for each weekly shipment of rat3 folliw the distribution belu Price H 10.00 12.50 15.00 Probobility 0.4S 0.2 0.35 tawmuch should the lab bud gat for next year's rat orders as Suming this dıştbution doesnot change. Hint find the espertid price) a)1225.00 b) $637.00 c) 12.25 d) $ 3, 312, 40O. 0

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Quist6 A lab orders a shipment of 400 rats awek, 52 weeks a year, from a rat supplier for experiments that the lab conduct's Prices for each weekly shipment of rat3 folliw the distribution belu Price H 10.00 12.50 15.00 Probobility 0.4S 0.2 0.35 tawmuch should the lab bud gat for next year's rat orders as Suming this dıştbution doesnot change. Hint find the espertid price) a)1225.00 b) $637.00 c) 12.25 d) $ 3, 312, 40O. 0
Transcribed Image Text:Quist6 A lab orders a shipment of 400 rats awek, 52 weeks a year, from a rat supplier for experiments that the lab conduct's Prices for each weekly shipment of rat3 folliw the distribution belu Price H 10.00 12.50 15.00 Probobility 0.4S 0.2 0.35 tawmuch should the lab bud gat for next year's rat orders as Suming this dıştbution doesnot change. Hint find the espertid price) a)1225.00 b) $637.00 c) 12.25 d) $ 3, 312, 40O. 0
Expert Solution
Step 1

We have been given the prices for each weekly shipment along with the probability as,

Price

Probability

$10

0.45

$12.50

0.2

$15

0.35

Sum

1
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