Gce Model Questions Vol1 2022 Computer Studies Question 48
Practice objective / multiple choice question 48 from the 2022 Gce Model Questions Vol1 Computer Studies examination.
A company evaluates three security threats. Threat A has a likelihood of 0.02 and a potential loss of ₦500,000. Threat B has a likelihood of 0.05 and a potential loss of ₦200,000. Threat C has a likelihood of 0.01 and a potential loss of ₦1,200,000. A control can be installed that reduces the likelihood of Threat C by 60 % at a cost of ₦30,000. Should the company implement the control if it wants to minimise the sum of expected loss and control cost? State "Yes" if it should, otherwise "No".
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About This Question
This is Gce Model Questions Vol1 2022 Computer Studies Question 48. It is one of the objective questions from the 2022 Gce Model Questions Vol1 Computer Studies examination.
Difficulty level: Medium .
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