Post Utme Igbinedion University 2022 Commerce Question 20

Practice objective / multiple choice question 20 from the 2022 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2022 Commerce Objective / Multiple Choice
Question 20 POST_UTME_IGBINEDION_UNIVERSITY • 2022 • COMMERCE • objective

A firm has a probability of 0.6 that a customer will purchase a product. If the firm sells 1000 units of the product, what is the expected number of units sold?

Answer Options

Correct Answer A. 600
B. 800
C. 1000
D. 1200
Correct Answer
A
Correct Option:
600

About This Question

This is Post Utme Igbinedion University 2022 Commerce Question 20. It is one of the objective questions from the 2022 Post Utme Igbinedion University Commerce examination.

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