Post Utme Unilag 2021 Commerce Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Unilag Commerce examination.

Post Utme Unilag 2021 Commerce Objective / Multiple Choice
Question 5 POST_UTME_UNILAG • 2021 • COMMERCE • objective

A company has a 10% chance of experiencing a loss of 100,000 and a 90% chance of experiencing a loss of 50,000. What is the expected loss?

Answer Options

A. 50,000
Correct Answer B. 55,000
C. 60,000
D. 65,000
Correct Answer
B
Correct Option:
55,000

About This Question

This is Post Utme Unilag 2021 Commerce Question 5. It is one of the objective questions from the 2021 Post Utme Unilag Commerce examination.

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