Post Utme Redeemers University 2023 Commerce Question 3

Practice objective / multiple choice question 3 from the 2023 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2023 Commerce Objective / Multiple Choice
Question 3 POST_UTME_REDEEMERS_UNIVERSITY • 2023 • COMMERCE • objective

A firm is considering a new product launch. The product's demand is expected to follow a normal distribution with a mean of 100 units and a standard deviation of 20 units. Determine the probability that the demand will be less than 80 units.

Answer Options

Correct Answer A. 0.05
B. 0.15
C. 0.25
D. 0.35
Correct Answer
A
Correct Option:
0.05

About This Question

This is Post Utme Redeemers University 2023 Commerce Question 3. It is one of the objective questions from the 2023 Post Utme Redeemers University Commerce examination.

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