Post Utme Uniport 2023 Commerce Question 1

Practice objective / multiple choice question 1 from the 2023 Post Utme Uniport Commerce examination.

Post Utme Uniport 2023 Commerce Objective / Multiple Choice

Question 1 POST_UTME_UNIPORT • 2023 • COMMERCE • objective

Determine the probability of a company experiencing a loss in its sole trade business, given that the probability of a loss in any given year is 0.05.

Answer Options

A. 0.95

Correct Answer B. 0.05

C. 0.975

D. 0.025

Correct Answer

Correct Option:

0.05

About This Question

This is Post Utme Uniport 2023 Commerce Question 1. It is one of the objective questions from the 2023 Post Utme Uniport Commerce examination.

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