Post Utme Uniport 2023 Commerce Question 2

Practice objective / multiple choice question 2 from the 2023 Post Utme Uniport Commerce examination.

Post Utme Uniport 2023 Commerce Objective / Multiple Choice
Question 2 POST_UTME_UNIPORT • 2023 • COMMERCE • objective

A company has two production units, A and B. Unit A produces 80% of the company's total output, while unit B produces 20%. If the probability of a loss in unit A is 0.03 and the probability of a loss in unit B is 0.05, what is the overall probability of a loss in the company?

Answer Options

A. 0.036
Correct Answer B. 0.044
C. 0.052
D. 0.06
Correct Answer
B
Correct Option:
0.044

About This Question

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

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