Post Utme Uniport 2023 Commerce Question 5

Practice objective / multiple choice question 5 from the 2023 Post Utme Uniport Commerce examination.

Post Utme Uniport 2023 Commerce Objective / Multiple Choice
Question 5 POST_UTME_UNIPORT • 2023 • COMMERCE • objective

A company has a production unit that produces 80% of its total output. If the probability of a loss in this unit is 0.03, what is the overall probability of a loss in the company?

Answer Options

Correct Answer A. 0.024
B. 0.032
C. 0.04
D. 0.048
Correct Answer
A
Correct Option:
0.024

About This Question

This is Post Utme Uniport 2023 Commerce Question 5. It is one of the objective questions from the 2023 Post Utme Uniport Commerce examination.

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