Post Utme Pan Atlantic University 2023 Commerce Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2023 Commerce Objective / Multiple Choice
Question 2 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2023 • COMMERCE • objective

A firm's marketing strategy involves a mix of advertising and sales promotions. If the firm allocates 30% of its budget to advertising and 70% to sales promotions, what is the probability that the firm's sales will increase by more than 15%?

Answer Options

A. 0.20
B. 0.30
C. 0.40
Correct Answer D. 0.50
Correct Answer
D
Correct Option:
0.50

About This Question

This is Post Utme Pan Atlantic University 2023 Commerce Question 2. It is one of the objective questions from the 2023 Post Utme Pan Atlantic University Commerce examination.

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