Post Utme Eksu 2020 Commerce Question 17

Practice objective / multiple choice question 17 from the 2020 Post Utme Eksu Commerce examination.

Post Utme Eksu 2020 Commerce Objective / Multiple Choice
Question 17 POST_UTME_EKSU • 2020 • COMMERCE • objective

A firm has the following probability distribution for the number of units it will sell in a month: P(X=0)=0.1, P(X=1)=0.3, P(X=2)=0.4, P(X=3)=0.2. What is the expected value of X?

Answer Options

A. 0.5
Correct Answer B. 1.0
C. 1.5
D. 2.0
Correct Answer
B
Correct Option:
1.0

About This Question

This is Post Utme Eksu 2020 Commerce Question 17. It is one of the objective questions from the 2020 Post Utme Eksu Commerce examination.

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