Post Utme Osustech 2023 Commerce Question 17

Practice objective / multiple choice question 17 from the 2023 Post Utme Osustech Commerce examination.

Post Utme Osustech 2023 Commerce Objective / Multiple Choice
Question 17 POST_UTME_OSUSTECH • 2023 • COMMERCE • objective

A company has the following probability distribution for the number of units it sells in a day: | Units Sold | Probability | | --- | --- | | 0 | 0.1 | | 1 | 0.3 | | 2 | 0.2 | | 3 | 0.1 | | 4 | 0.3 | What is the expected value of the number of units sold in a day?

Answer Options

Correct Answer A. ( E(X) = 1.5 )
B. ( E(X) = 2.5 )
C. ( E(X) = 3.5 )
D. ( E(X) = 4.5 )
Correct Answer
A
Correct Option:
( E(X) = 1.5 )

About This Question

This is Post Utme Osustech 2023 Commerce Question 17. It is one of the objective questions from the 2023 Post Utme Osustech Commerce examination.

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