Post Utme Veritas University 2023 Commerce Question 39

Practice objective / multiple choice question 39 from the 2023 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2023 Commerce Objective / Multiple Choice
Question 39 POST_UTME_VERITAS_UNIVERSITY • 2023 • COMMERCE • objective

A company has a stock of 500 units of a product. The demand for the product is normally distributed with a mean of 400 units and a standard deviation of 50 units. What is the probability that the demand for the product will be less than 350 units?

Answer Options

A. 0.1587
Correct Answer B. 0.3085
C. 0.6915
D. 0.8413
Correct Answer
B
Correct Option:
0.3085

About This Question

This is Post Utme Veritas University 2023 Commerce Question 39. It is one of the objective questions from the 2023 Post Utme Veritas University Commerce examination.

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